China's Jushen Logistics Inks USD134 Million Bauxite Transshipment Deal in Guinea
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Jushen Logistics Group has signed a USD134 million bauxite transshipment agreement in Guinea through its subsidiary, Hong Kong Shenrui Shipping. The three-year deal aims to enhance the company's financial position and market influence. Despite a 12% drop in net profit to CNY59.2 million in the first nine months of last year, operating revenue surged 82% to CNY1.3 billion. Jushen's shares fell 0.3% to CNY15.87 in Shenzhen.
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