China Merchants Group has (CMG) made a rare disclosure of its financial performance, saying its revenue and profit were growing at a “steady pace” despite macroeconomic uncertainty.
The Chinese state-owned conglomerate, whose assets are mainly in the maritime and banking sectors, said that its revenus grew 7.2% year-on-year to CNY 319bn ($46.3bn) between January and June.
Net profit rose 12.3%
