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CSSC received another 53 million subsidies

China Shipbuilding Industry Company, a listed unit of China State Shipbuilding Corporation, has received nearly 53 million yuan in government subsidies, bringing the total to 104 million yuan so far.
 
On September 18, China Shipbuilding Industry announced that on July 14, 2020, its subsidiaries had received a total of 52.9657 million yuan of government subsidies related to earnings. The details are as follows:

From January 1, 2020 to July 13, 2020, China Shipbuilding Industry's subsidiaries received a total of RMB 51,043,800 in government subsidies related to income.

From January 1, 2019 to December 31, 2019, China Shipbuilding Industry and its subsidiaries received a total of 281,241,400 government subsidies related to income.

Source: Sarah Yu, XINDE MARINE NEWS

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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