Hong Kong-listed CSCL on Wednesday turnedin a deficit of CNY 1.25bn ($196.8m), which represents a change of 103% when compared tothe red ink reported a year ago.
While revenue rose 9.6% to CNY 15.3bn onthe back of a 15% increase in container volumes, the gains were offset by a 3%decline in freight rates and 16.7% jump in voyage costs.
With a 25.2%
