Qingdao Port International's Q3 Profit Drops 4%; Shares Down 3%

MT Newswires Live

10/29

Qingdao Port International's (HKG:6198, SHA:601298) net profit attributable to shareholders in the third quarter rose 3.8% year on year to 1.34 billion yuan, according to a Hong Kong bourse filing on Tuesday.

The Chinese port operating services provider's Shanghai shares dropped 3% during Wednesday's morning trade.

Earnings per share during the same quarter stood at 0.20 yuan.

Operating revenue slipped 2.2% from a year earlier to 4.80 billion yuan.

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