Industry doubles profits but top two shipbuilders dominate

Heavy Industry

Thursday, October 16, 2008 00:36:47

	Industry doubles profits but top two shipbuilders dominate By STAFF EDITOR Published: March 03, 2008 12:00 PM Profits doubled to US$2.81 billion (RMB20 billion) in China’s shipbuilding industry last year but just two companies out of 1,059 accounted for 95% of that figure, National Development and Reform Commission (NDRC) figures show. The China Securities Journal reported that the nation’s top shipbuilder, the ... You are currently reading 48 words of 147 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: China Securities Journal , shipbuilding	More Articles in Heavy Industry > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Zinc smelters suspended after poisoning Cement investment skyrockets, demand set to slow Ship export earnings up 61% through July Xiamen shipbuilder plans mainland listing China’s reliance on fine copper imports grows Angang Steel takes 60% stake in Italian smelter Hebei Steel to slash another 10-20% from production

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