Independent journal on economy and transport policy
14:44 GMT+1
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CSCL, graces to an improvement of the results in the second half of the year, closes 2012 with a clearly positive result
Last year the fleet of the Chinese company has transported eight million container (+8.0%)
March 27, 2013
The navigation company Lowers Shipping Container Lines (CSCL) has closed the exercise anniversary 2012 with a profit of clearly 574 million yuan (91 million dollars) respect to a net loss of 2,7 billion yuan in the exercise precedence. The improvement of the economic performance is determined by a decided increase of the results in the second half of the year of 2012 to which they have contributed also to proceeds not deriving from Core business of the society, that it is constituted by the employment of the fleet of the company for the transport of container within a world-wide Network of line services, between which returns for beyond 1,1 billion yuan deriving from the container sale.
In the 2012 CSCL it has totaled total revenues for 32,5 billion yuan, with an increase of 15.2% on the year precedence. The operating costs are gone up of 8.0% to 32,8 billion yuan and the operating result has been positive for 613 million yuan respect to an operating result of sign negative for 2,5 billion yuan in 2011.
Last year the fleet of the Chinese company has transported containerized cargo volumes pairs to 8,0 million container teu, with an increment of 8.0% regarding 2011. The total ability to transport of the fleet on 31 December was pairs to 595.000 teu, with a decrease of 1.4% regarding on December 31, 2011.
About the perspectives for exercise 2013, today the president of CSCL, Them Shaode, has explained that although the hires have grown from the beginning of 2012, is however still difficult to be optimistic about a positive evolution of the market of the containerized marine transport in 2013. "Uncertainties in fields as the world-wide economy, the development of the exchanges, the volatility of the prices of the fuel and the competition - it has found - will continue to hinder the development of the field".
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The navigation company Lowers Shipping Container Lines (CSCL) has closed the exercise anniversary 2012 with a profit of clearly 574 million yuan (91 million dollars) respect to a net loss of 2,7 billion yuan in the exercise precedence. The improvement of the economic performance is determined by a decided increase of the results in the second half of the year of 2012 to which they have contributed also to proceeds not deriving from Core business of the society, that it is constituted by the employment of the fleet of the company for the transport of container within a world-wide Network of line services, between which returns for beyond 1,1 billion yuan deriving from the container sale.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
