Independent journal on economy and transport policy
07:30 GMT+1
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In the 2011 result clearly of COSCO Pacific it has grown of 8.6%
The volume of transactions is increased of 34.2%
March 27, 2012
Group COSCO Pacific has closed 2011 with a profit clearly of 397,6 million dollars on revenues for 599,2 million dollars, with increments respective of 8.6% and 34.2% regarding the exercise anniversary precedence. The operating profit of the group is piled to 179,4 million dollars (+58.4%).
Last year the revenues generated from the terminalistiche activities and the activities of chartering and sale of container of the Chinese group have grown respective of 65.3% and 10.2% to 323,3 million and 276,5 million dollars. The clearly recorded profit from the terminalistiche activities is increased of 54.2% to 184,9 million dollars, while the profit clearly totaled from the activities of chartering and sale of the container - realized through the society integrally controlled Florens Container Holdings Ltd. and its branches - it has grown of 20.9% to 116,5 million dollars. The profit clearly deriving from the activities of production of the container - field in which COSCO Pacific it is present through a participation of 21.8% in Lowers International Marine Containers (Group) Co. (CIMC), society world leader of the market - it has been pairs to 119,8 million dollars (+30.4%).
Last year the traffic of the container enlivened in the harbour terminals that are under responsibility of the Chinese group has been pairs to 50.695.897 teu, with a progression of 15.1% regarding 2010. In the first period of two months of the 2012 traffic it is piled to 8.326.700 teu, in increase of 12.4% on the first two months last year.
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