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Home News Antong marks turnaround with 2020 profit
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Antong marks turnaround with 2020 profit

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Antong's Ren Jian 7 will keep services moving as the restructured company makes a profit. Courtesy of Dong Hua.

Antong Holdings, parent company of China’s second largest domestic liner operator Quanzhou Ansheng Shipping, has capped its restructuring with a net profit for 2020.

The group announced net earnings of CNY1.29 billion (US$197.85 million), improving from the CNY4.51 billion (US$645.06 million) net loss in 2019.

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