Hui Ching-hoo - Tuesday 9 February 2010
NANJING Tanker, a crude oil and chemical shipping affiliate of state-owned China Changjiang National Shipping (Group), saw a 99% slump in net profit last year as a result of the sharp decline in freight rates and the downturn of global oil shipping market.
The company reported a net profit of Yuan4.2m ($622,000) in 2009, down 99% from Yuan596m in 2...
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