News / Rising demand for containers lifts CIMC profits as new hi-tech venture is unveiled

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The world’s largest manufacturer of shipping containers saw profits in the first nine months of the year soar by 66% on the back of renewed demand for both dry and reefer units.

China International Marine Containers (CIMC) today reported to the Hong Kong Stock Exchange that it had made a net profit of $265m on group revenue of $8bn between January and September this year, a rise of 20%.

Sales of dry containers topped a million teu, a rise of 23%, while ...