The Hong Kong-listed division of Cosco group recorded net profit of $388.77m last year, up 7.6% compared to $361.31m in 2010. Revenue came up to $599.16m compared to $446.49m a year ago.
Cosco Pacific's overall throughput growth remained steady and total container throughput increased 15.1% in 2011, reaching 50.7m teu. Its terminal companies in China, excluding Hong Kong, handled 42.36m teu, an increase of 14.2% year-on-year.
Cosco Pacific has stakes in container terminals in China, Hong Kong, Belgium, Egypt, Greece and Singapore.
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