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Chinese shipbuilding ventures' operating profits up 2.8% in Jan-May

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In the very first five months this year, 75 kept an eye on significant shipbuilding business in China signed up an operating profits of RMB 94.11 billion ($14.0 billion), up 2.8 percent year on year, while recording a bottom line of RMB 370 million ($55.1 million), as annorolled coil steelunced by the China Ahot rolled steel coil rate chartssociation of the National Shipbuilding Market (CANSI). In the January-May duration this year, the brand-new shipbuilding order volumes of China, South Korea as well as Japan respectively accounted for 52.5 percent, 38.5 percent as well as 7.3 percent of the overall brand-new shipbuilding order quantity in the worldwide market.

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