Container orders of Singamas Container decreases 10% in the first half year

Vice chairman of Singamas Container Holdings (0716) said after the board meeting that the orders of manufacturing containers in the first half of the year decreased by 10%, while the containers price and material price decreased by 5% and 6% respectively. Accordingly, whether the annual profit of the company would be affected, it depended on the situation of the next half of the year. 

Furthermore, the group is considering expanding the manufacturing networks, while its main production output will still focus in the south China. The group is now in talks of discussing the investment projects related with containers and manufacturing industry.

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