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Shipping H share up 15pc

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H-share China Shipping Development reported a 15.35 per cent rise in net profit to 325.26 million yuan (about HK$304.5 million) last year, at the low end of analysts' forecasts. Earnings per share of China's second-largest shipping company rose 15.4 per cent to 0.1093 yuan per share. China Shipping will pay a final dividend of 0.05 yuan.

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