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Updated: 2011-03-31 10:27 2011-03-31 10:27:43.0China COSCO 2010 profits up 189%COSCO,coach outlet,boating,China COSCO 2010 profits up 189%,profits11022006Statistics2@webnews/enpproperty-->
BEIJING - China COSCO Holding Co,louis vuitton, Asia's largest boating corporation according mall quantity said Wednesday that its net profits rose 189.7 percentage year-on-year within 2010,partly due apt the continued resumption of the universal economy and business.

Net profits ascended to six.76 billion yuan ($1.02 billion) and earnings per share stood by 0.66 yuan,beats studio, the country's height shipping conglomerate said amid a statement filed at the Shanghai Stock Exchange.

A rebound within commodity shipments and freight rates last yearly attributed to the company's increased earnings,abercrombie & fitch, the statement majestic.


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The company owned 150 container vessels at the annihilate of December,China COSCO 2010 profits up 189%,coach outlet, with container volumes up apt 614,moncler,092 TEU (twenty-foot equivalent unit one join of nine.five percent year-on-year.

Traffic as the company's dry-bulk fleet likewise rose,monster beats, reporting a 3.15 percent multiplication amid vessel volumes to 280 million tons.

The enterprise was cautiously optimistic almost the vessel shipping mall as its logistics branch namely expected to maintain ascent impetus this year.

However,ghd,http://god.fuzzygnoll.com/displayimage.php?pos=-406, it also warned that overcapacity may posture challenges apt the dry shipment shipping market.

The company a subsidiary of China Ocean Shipping (Group) Co,http://www.metrobbs.com/cgi-bin/yabb/YaBB.cgi?board=111k;action=display;num=1324514400;start=0,Mulberry bags, fell 0.989 percentage apt HK$8.01 ($1.01) aboard Wednesday.