Independent journal on economy and transport policy
06:12 GMT+1
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Singamas records a decided contraction of the revenues
Down the question of new container
August 28, 2013
In the first semester of the 2013 Chinese producer of container intermodal Singamas Container Holdings Ltd. it has recorded a bending of 34.5% of the revenues, come down to 580,8 million dollars regarding 886,2 million dollars in the first half last year. The result before taxes is piled to 41,3 million dollars (- 32.4%) and the profit clearly to 30,2 million dollars (- 28.9%).
Singamas has explained the tinning situation of the economy of the eurozona and the weakening of the Chinese exports has determined a weakening of the new question of container in the first six months of 2013, while a resumption of the question of container for the American domestic market is recorded, increase that however has not succeeded to compensate the total contraction of the market of the container.
In the first half of this year the Chinese group has produced to container for a total pairs to 274.519 teu (325,279 teu in the first semester of 2012) and has sold container for 244,070 teu (329,243 teu). Because of the bending of the cost of the raw materials, in the first six months of the 2013 average price of sale of a container from 20 ' (teu) for cargos dries has been attested to 2.287 dollars regarding 2.451 dollars in the first half last year.
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