China CSSC Q3 Profit Nearly Doubles, Revenue Rises 5%

MT Newswires Live10-29

China CSSC (SHA:600150) posted third-quarter attributable net profit of 2.07 billion yuan, up 98% from 1.38 billion yuan the previous year.

Earnings per share rose to 0.350 yuan from 0.177 yuan, according to a Wednesday filing with the Shanghai bourse.

The shipbuilder's operating revenue climbed 4.8% year over year to 34.8 billion yuan from 33.2 billion yuan.

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