Excluding exceptional gains from the disposal of its dry bulk cargo business in the middle of last year, net profit for the year-to-date still slid 16% to RMB1.25bn ($188.5m) mainly due to a year-on-year decrease of approximately 40% to 60% in the daily rates for its vessels trading in the international market.
The group made a net gain of about RMB730m from the disposal of the dry bulk business in June last year.
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