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  • Yan Tian Port Reportde 10% Decrease in FY 10 Earnings
  • 2011-2-12 13:15:46
  • February 9--Shezhen Yan Tian Port Holdings'(000088) net profit in fiscal year 2010  fell 10.25 percent to 4.13 billion yuan, reports China Business News, citing a company filing. Revenue for the year amounted to 4.18 billion yuan, marking 4.22-percent growth from 2009.

    Yan Tian Port Holdings said the net profit slump stems from shrinking investment gains from its affiliate Yantian International Container Terminals Limited, which suffered lower earnings due to lower per-unit container handling fees and higher corporate income tax.

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