Xiamen profits crash 58% as bulk and boxes revenues tumble
A DROP in revenue from container and bulk cargo and trading led Xiamen International Port to post a 58.2% slump in net profit to just Yuan82.4m ($12.1m), down from Yuan197.1m a year earlier. Turnover crashed 54.6% to Yuan915.6m, against Yuan1bn in the same period last year, writes Keith Wallis .