Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

CSCL back in the black

CSCL back in the black
China Shipping Container Lines (CSCL) has returned to the black in the third quarter ended 30 September 2014, erasing the losses it recorded a year ago.

During the quarter, CSCL posted a gain of RMB203.25m ($33.21m) as against a deficit of RMB403.98m in the same period of last year.

The quarterly revenue remained largely unchanged at RMB9.2bn.

In the nine months ended 30 September 2014, CSCL posted a profit of RMB663.57m, reversing from a loss of RMB1.67bn in the previous corresponding period.

TAGS: Containers