Independent journal on economy and transport policy
14:48 GMT+1
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In the third trimester of this year the operating result of COSCO Pacific has grown of 77.8%
The terminals of the Chinese group have enlivened 13,3 million container (+10.2%)
October 26, 2011
In the third trimester of this year the harbour terminals of group COSCO Pacific have enlivened a traffic of the container pairs to 13.350.136 teu, with a progression of 10.2% regarding 12.166.015 teu in the period July-september last year.
The Chinese group, than work also in the field of the construction, chartering and sale of container, clearly has archived item the third trimester of 2011 with a profit of 98,3 million dollars, down of 3.2% on the same period of 2010. The revenues have recorded a fort increment (+48.9%) attesting itself to 160,0 million dollars regarding 107,5 million tons in the third trimester last year. In decided increase also the operating result, that it has been pairs to 53,1 million dollars (+77.8%).
In the first nine months of the 2011 terminal of COSCO Pacific they have enlivened altogether 37.599.401 container teu, with an increase of 16.2% regarding 32.367.110 teu in the correspondent period of 2010.
The profit clearly of the period January-september of this year is piled to 338,8 million dollars, with an increment of 15.4% on the same period of 2010. The revenues are increased of 32.9% to 438,7 million dollars and the operating profit has grown of 65.6% to 140,6 million dollars.
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