Shanghai International Port (Group) Co, operator of China's busiest container port, turned a profit of 2.95 billion yuan (US$379 million) in 2006.

Revenue was 12.6 billion yuan, while per-share earnings were 0.14 yuan last year. The company issued 2.42 billion A-shares in a public offering to buy out its listed unit, Shanghai Port Container Co. It then listed as a group. So comparative financial data in 2005 was unavailable, the company said.