Net profit for SIPG was recorded at RMB6.94bn ($1bn), up 5.7% compared to the profit of RMB5.56bn in 2015.
The port operator’s full year revenue rose by 6.3% year-on-year to RMB31.36bn.
The higher earnings were aided by growth in container throughput as Shanghai port registered volumes of 37.13m teu last year, representing a slight 1.6% increase from the volumes of 2015.
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