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FINWIRES

Adani Ports and Special Economic Zone Logs 16% Boost in May Cargo Handling

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Adani Ports and Special Economic Zone (NSE:ADANIPORTS, BOM:532921) handled a cargo volume of 48.3 million metric tons in May, up 16% from a year prior, according to a Tuesday Indian bourse filing.

The growth was led by a 33% rise in the cargo volume of liquids and 17% boost in that of containers.

The company's logistics rail volume slipped 19% year over year to 48,170 twenty-foot equivalent units.

For the five months ended May 31, the firm handled 91.4 million metric tons of cargo, up 15% year over year, led by a 17% rise in container cargo.

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