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Singamas Container Holdings said it is pursuing a diversification, as its mainstay business of making dry-freight shipping containers suffered from shrinking commerce in the year-long trade war between the two largest economies on the planet.Revenue fell 39.7 per cent to US$584 million in the first half, causing Singamas’ net loss to balloon 17-fold to US$50.7 million, as the price of shipping containers plunged due to a glut in the worldwide market.Faced with declining sales and mounting...

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