Independent journal on economy and transport policy
11:34 GMT+1
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In the 2010 profit clearly of COSCO Pacific it is more than doubled
The revenues are increased of 27.8%
March 23, 2011
In the 2010 profit clearly of Chinese group COSCO Pacific it is more than doubled attesting itself to 366,2 million dollars regarding 176,0 million dollars in 2009. Consisting also the increment of the revenues, that they have totaled 446,5 million dollars (+27.8%). The operating profit is piled to 113,3 million dollars (+13.4%).
Particularly important it has been the contribution to the increase of the volume of transactions of the terminalistica division of the group, than last year it has recorded revenues for 195,6 million dollars (+63.5%), graces mainly to the contribution - the first for an entire exercise anniversary - of the Piraeus branch Container Terminal that work a terminal in the port of the Pireo. Last year the division has generated a contribution to the profit of group for 119,9 million dollars (+43.5%). We remember that in the 2010 harbour terminal of COSCO Pacific they have enlivened a traffic of the container pairs altogether to 48.523.870 teu, with a progression of 19.4% regarding the year precedence ( on 17 January 2011).
In the 2010 fleet of container of the society integrally controlled Florens Container Holdings Ltd. and of its branches, companies that operate in the branch of the chartering and sale of the container, have grown of 3.1% to 1.631.783 teu. Last year the medium rate I use of the fleet has been of 97.3% (90.6% in 2009).
Last year the contribution to the profit of the activity of production of the container, than the Chinese group work through own participation to the world leader of the field CIMC, of which it stops 21.8% of the capital, has been pairs to 91,9 million dollars (+197.5%).
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In the 2010 profit clearly of Chinese group COSCO Pacific it is more than doubled attesting itself to 366,2 million dollars regarding 176,0 million dollars in 2009. Consisting also the increment of the revenues, that they have totaled 446,5 million dollars (+27.8%). The operating profit is piled to 113,3 million dollars (+13.4%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
