Hong Kong-listed China Ship Development Company has reported a fall in profit.
In the third quarter its net income fell to CNY 135m ($21m) from CNY 478m in 2010.
Its turnover for the 2010 and 2011 third quarters were similar at about CNY 3bn.
This announcement on the Hong Kong exchange shows a profit so far for 2011 of CNY 815m compared with CNY 1.46bn
