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Ningbo Zhoushan Port's Container Throughput Rises 6%, Cargo Slips 5% in September; Shares Drop 7%
An indicative announcement of the main production data of Ningbo Zhoushan Port Co., Ltd. for September 2024 and the first three quarters
The Three-year Loss for Ningbo Zhoushan Port (SHSE:601018) Shareholders Likely Driven by Its Shrinking Earnings
Ningbo Zhoushan Port Earmarks 6.5 Billion Yuan in Fodu Operation Area Construction
Ningbo Zhoushan Port (601018.SH): plans to invest 6.5 billion yuan in the construction of the Fodu Phase I project.
On September 20th, Ningbo Zhoushan Port (601018.SH) announced that the company, through its wholly-owned subsidiary Zhejiang Haigang Fodu Container Terminal Co., Ltd. (referred to as "Fodu Collection Company"), is the main body for the project implementation, investing in the construction of the Fodu Phase I project. The estimated investment for this project is approximately RMB 6.5 billion (final amount subject to actual approval). The project is located on the northwest side of Fodu Island in Liuheng, Zhoushan City, with plans to build 2 berths for 200,000-ton container ships, capable of accommodating a maximum of 24,000 TEU container ships. The water engineering structure is designed for 32,000 TEU container ships according to the future ship type, with a designed annual throughput of 2 million TEU.
Ningbo Zhoushan Port's (SHSE:601018) Shareholders May Want To Dig Deeper Than Statutory Profit
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