Shanghai: Xiamen Port Holding Group has announced that the company has achieved around RMB218m-254m in net profits last year, an increase of around 50%-75% year-on-year, according to predictions made in a company press release.

The company said major reasons of the profit increase include the compensation of Dongdu terminal, the big profit growth of its building material subsidiary and the inland trading business increase of its Dongdu branch.

Source from SinoShip