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