3/15/2016

Sinotrans Shipping has reported a bigger net loss

Sinotrans Shipping has reported a bigger net loss for the full financial year 2015. The state-run Chinese company logged an annual deficit of $81.5m, compared to $12.7m in 2014. Its red bottom line came while revenue fell below the $1bn mark to $999.8m, down from $1.2bn.