The revenue rise was mainly due to the increase in revenues from the trading of merchandise, ancillary value-added port services and container loading and unloading and storage business, which was partially offset by the decrease in revenues from manufacturing and selling of building materials and bulk/general cargo loading and unloading business, the group said in a stock market announcement.
Container throughput at key terminals Xiamen International Container Terminals (XICT) and Xiamen Haicang International Container Terminals (XHICT) was affected by a number of factors including loss of business to competitors and the decline in throughput of European shipping lines arising from the weak European economy, resulting in a 25.3% fall in container throughput to 394,101 teu in the first half of the year.
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