Chinese ports company Cosco Pacific has pushed 2011 profit 8% higher, but came in below analysts’ estimates.

It said growth next year would be similar in 2012 as the European debt crisis continues to weigh on international trade.



The Hong Kong-listed division of Cosco group said net earnings were $388.8m last year, from $361.3m in 2010.



The result was below the average $403.87m