Independent journal on economy and transport policy
06:23 GMT+1
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In the 2013 volume of transactions of COSCO Pacific it has grown of +8.6%
the profit clearly is piled to 717,3 million dollars, with an increase of +102.4% (+2.1% to clearly of the activities stopped)
March 25, 2014
COSCO Pacific, the terminalista society of the Chinese shipowning group Lowers Ocean Shipping (Group) Co. (COSCO), has closed 2013 with a profit clearly of 717,3 million dollars, with an increase of +102.4% regarding 354,5 million dollars in the exercise anniversary precedence. The result last year includes proceeds clearly of 393,4 million dollars recorded in according to trimester deriving from the cession of the shareholding of 21.8% in the container constructor Lowers International Marine Containers (Group) Co. (CIMC) ( on 21 May 2013). With the exclusion of the results of the operating activities stopped in the 2013 destined profit to the shareholders turns out to be pairs to 286,2 million dollars (+2.1%).
In 2013, year in which the terminal of COSCO Pacific they have enlivened a containerized trade pairs to 61,3 million teu (+10.1%) ( on 17 January 2014), the society has totaled revenues for 798,6 million dollars, with an increment of +8.6% regarding 735,5 million dollars in 2012. The single revenues generated from the terminalistiche activities are piled to 455,1 million dollars, (+13.2%), while the volume of transactions produced from the activities of chartering and sale of the container, that they are operated by the society integrally controlled Florens Container Holdings Ltd. and from its branches, it has been pairs to 347,7 million dollars (+3.4%). The costs are increased totally of +14.3% going up to 480,5 million dollars and the operating profit has marked a +8.5% having attested itself to 246,8 million dollars.
Last year the consistency of the managed fleet of container from the Florens is gone up to 1.888.200 teu regarding 1.855.597 teu at the end of 2012.
While in the first two months of the 2014 harbour terminal that is under responsibility of COSCO Pacific they have enlivened a traffic of the container pairs to beyond 9,9 million teu, with a progression of +8.6% regarding the first period of two months last year.
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