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Asia Pacific Containers Dry Bulk

China Merchants Port posts coronavirus hit in first quarter

The profit decline largely comes from non-operating events, the company says, including lower fair value gains from the financial assets held by the port group. Some of these assets comprise the shares of large listed Chinese port operators, whose value has been weighed down by the virus-led economic shock wave

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As of March 20, the company’s year-to-date container throughput has dropped 5.6% versus the year-ago period

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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