Rizhai port profits up 28%

In the first nine months of this year, Rizhao Port handled a total of 14.3 million tonnes of cargo, an increase of 33% compared with 10.8 million tonnes in 2009. Over the same period net profit was Yuan323m, up 28% from Yuan251m a year earlier.

The port’s iron ore throughput rose by 16% year-on-year to 96m tonnes from 83m tonnes while coal throughput grew 20% to 22m tonnes from 18m.