China Merchants Shekou Port Service Co has reported a 16 per cent rise in net profits to 121 million yuan (HK$112.45 million) for the year ended December 31. Turnover was up 193.35 per cent to 928.2 million yuan from 316.4 million yuan. Earnings per share rose to 0.44 yuan from 0.38 yuan. Directors recommended a final dividend of US 0.2 cents per share.