22 February 2019

CSCL forecasts 2013 loss on flagging global trade, WSJ says

China Shipping Container Lines Co. expects to swing to a 2013 net loss of about 2.63 billion yuan (US$431 million), as it suffered from weak demand for international trade and global overcapacity, the Wall Street Journal reported Monday. CSCL is due to release its full-year earnings in March but did not give further details, the report said.

– Contact HKEJ [email protected]


EJI Weekly Newsletter

Please click here to unsubscribe