China's Cosco Shipping Development Co (CSDC) has logged a big jump in profit in the first six months.
The ship and container financing and leasing division of the CoscoCS group said net earnings to 30 June were CNY 1.08bn ($163.8m), up from CNY 16m a year ago.
Revenue dipped to CNY 7.88bn from CNY 8.37bn, but revenue from its shipping-related leasing business was up 11% at CNY 4.63bn.
