In the first half of 2011, the period during which the port terminals of COSCO Pacific have a bustling container traffic amounted to 24,249,265 TEUs with an increase of 19.7% over the first half of 2010, the Chinese company had revenues of for 278.7 million dollars, an increase of 25.2% compared to 222.6 million dollars in the first six months of last year. The operating result amounted to 87.5 million (+58.9%) and net profit of $ 240.5 million (+25.2%).
In the first half of 2011 the only terminal activities of the company totaled revenues of $ 149.5 million (+44.8%) and a profit of 96.7 million (+144.3%). The business of renting and selling of container, COSCO Pacific, which operates through subsidiary companies fully Florens Container Holdings Ltd. Florens Container Services Co. Ltd., generated revenues of $ 129.3 million (+8.3%) and a profit of U.S. $ 56.2 million (+17.1%).The production sector of containers, in which COSCO Pacific is present through the participation of 21.8% in the capital of China International Marine Containers (Group) Co. (CIMC), has generated a profit of COSCO Pacific contribution equal to U.S. $ 91.3 million (+238.8%).
Last month, the port terminal of COSCO Pacific have moved traffic amounted to 4.4235 million TEUs of containers, with an increase of 10.1% compared to July 2010. In the first seven months of 2011 traffic amounted to 28,672,700 TEUs, up 18.2% over the same period last year.
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