Investment gains keep Sinotrans afloat

Sinotrans Shipping reported US$1.86 million (HK$14.44 million) in net profit for 2014, reversing the losses from a year earlier, with help from investment gains on the stack of cash it raised in the initial public offering in Hong Kong in 2007.

via South China Morning Post - Business feed http://ift.tt/1ErZ9vE