Readers: 7 | Updated: 03-18

China State Shipbuilding reports 140% jump in net profit

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China State Shipbuilding Co., (SSE:600150) the nation's biggest shipyard, said its 2007 net profit soared 140 percent as it increased production to meet rising demand for vessels and diesel engines.
Net income reached 2.92 billion yuan (411.3 million U.S. dollars) or 5.53 yuan per share last year, up from 1.22 billion yuan or 2.63 yuan per...


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