New Delhi, Oct 06: The Container Corporation of India (Concor), a public sector undertaking under the Ministry of Railway, has declared a dividend of 110 per cent on its paid up share capital. Accordingly, the company paid annual dividend of Rs 45.10 crore to the government for the year 2002-2003, an official release said here today. During the year, Concor posted turnover of Rs 1483.44 crore and net profit of Rs 272.85 crore, registering a growth of 15 per cent and 9 per cent respectively over the previous year, it said. So far, Concor has built a dedicated network of 51 container terminals, out of which four new terminals at Deongiri node, Fatuah near Patna, New Guwahati and Rewari in Haryana were commissioned during 2002-2003. During the period, Concor handled about 1.4 million twenty-feet equivalent units (teus) container traffic, registering a growth of more than 12 per cent over the previous year, it said.
Bureau Report