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The world’s largest manufacturer of shipping containers, China International Marine Containers (CIMC), today issued a profit warning to investors, predicting a significant loss for the first half of the year.
The group, which is listed on the Hong Kong Stock Exchange, issued a statement to investors, warning them to expect a loss of Rmb450m ($67.4m) for the first six months of 2016.
This compares with the Rmb1.52bn profit recorded during the same period of 2015 – a decline of some 70%.
It blames the slowdown in global ...
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