China Merchants Port Group's Q3 Profit Marginally Declines; Shares Fall 2%

MT Newswires Live

Oct 31

China Merchants Port Holdings (HKG:0144) said its substantial shareholder, China Merchants Port Group (SHE:001872), recorded a net profit attributable to shareholders of 1.18 billion yuan for the third quarter, down 0.8% from a year earlier, according to a Thursday Hong Kong bourse filing.

Shares of China Merchants Port fell 2% in Friday morning trading in Shenzhen.

Earnings per share were 0.47 yuan, a 0.8% decrease year-on-year.

Total operating income for the quarter rose 2.4% to 4.29 billion yuan.

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