Falling incomefrom its container manufacturing division masked an improved showing from itsterminal arm in the first half.
HongKong-listed Cosco Pacific’s bottom line sagged by one quarter to $178.9myear-on-year.
The drop camedespite revenue shooting up by one third to $367.4m over the past 12 months.
Jon Windham, ananalyst at Barclays Capital, says the results are largely in line withexpectations, with the 18% improvement in profit from the previous six monthsmore telling than the year-on-year decline.
