China Shipping Development Co (CSDC), the Hong Kong listed tanker arm of China Shipping, has a reported a 98% rise in profits for the first half.
Net income rose to CNY 885.9m ($106.9m) or CYN 0.27 a share, compared with CNY 460m or CNY 01.4 a share in the same period last year. Sales rose to CNY 2.96bn against CNY 2.4bn
