Xiamen Port low open more than 3% affected by medium-term profit warning

Source: Internet
Author: User
Keywords Port trade volume
The earlier disclosure of the 08 fiscal year, but attracted by the dividend rate of the Xiamen Port Harbor this morning significantly lower open 3.29% to 1.47 Hong Kong dollars, 1.5 million shares, by the medium-term profit warning hit. The company announced that due to the global financial crisis and the macro-economic environment in the mainland, the weak import and export trade volume, resulting in a decline in port throughput, the revenue and profit margins of its business.  It is expected to have a sharp decline in the net profit for 09 over the first half of the 08 yuan of 197.1 million yuan. Only market comments that Xiamen port or not a sharp decline in the domestic port overall throughput weakness has been widely known, and its expected closer cross-strait relations, may lead to increased trade between mainland China and Taiwan, Xiamen port, the highest degree of benefit, which gives the unit additional support.
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