Shanghai-listed Rizhao Port recorded a profit of RMB353.28m ($55.68m) in the first nine months, a decrease of 38% compared to the profit of RMB569.97m in the same period of last year.
Revenue stood at RMB3.3bn, down 14.6% year-on-year.
In the first nine months, the port of Rizhao handled 158.12m dwt of cargoes, representing a 13.3% decrease compared to the previous corresponding period in 2014.
Rizhao Port is the main operator of the northern port of Rizhao, a natural deepwater port with 46 berths in two main port areas of Lanzhao Port Area and Shijiu Port Area.
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