Sinotrans development medium-term profit is expected to grow 2,100%

NetEase Financial July 15, Sinotrans development Thursday evening released performance forecast that the first half of 2010, the company's net profit year-on-year growth of about 2,100%. Sinotrans Development said that the main reason for the substantial increase in net profit is the situation of China's import and export trade better. In the first half of 2010, benefiting from the freight market sentiment index to good, in the market volume is sufficient, the company's main business profit pressure significantly reduced, the company adhere to the export of direct marketing strategy and import FCA business to achieve more obvious results; In addition,　　DHL-Sinotrans in the company's operation is significantly better than the same period last year, the volume of business, profitability rebounded sharply, as well as the cumulative loss of galactic aviation, to promote the company's investment income increased significantly. It is reported that in the first half of 2009, the net profit of the shareholders of the listed company is 1,201.580,000 yuan, excluding the net profit after the Non-recurrent profit and loss 9.6748 million yuan.