China’s shipbuilding enterprises’ profits up 109.4 percent in Jan-Nov

In the January-November period of the current year, 75 monitoredshipbuildingenterprises inChinaregistered an overall operating revenue of RMB 280.33 billion ($40.2 billion), up 11.3 percent year on year, while posting a gross profit of RMB 7.54 billion ($1.1 billion), rising by 109.4 percent year on year, as announced by theChinaAssociation of the NationalShipbuildingIndustry (CANSI).