Net profit for the first quarter more than quadrupled to RMB124.48m ($20.02m) compared to RMB27.67m in the same period of last year.
Revenue also rose 13.3% year-on-year to RMB6.74bn during the first three months, the Shanghai-listed state-owned shipbuilder announced.
For 2015, CSSC expects to record a revenue of RMB33.7bn, with contributions mainly from the ship construction and maintenance sectors, and partly from the offshore and power equipment businesses.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited. Add Seatrade Maritime News to your Google News feed.