OOIL records an improvement of the economic results



The group Orient Overseas (International) Ltd. (OOIL) of Hong Kong, than work mainly in the field of the containerized marine transport with the company Orient Overseas Container Linens (OOCL), in the section of the harbour terminalismo and in that real estate one, has concluded the first semester of 2014 with an improvement of the results. The period has been archived item with a profit clearly of 181,2 million dollars respect to a net loss of -15,1 million dollars in the first half of 2013. The revenues have grown of +7.0% attesting itself to 3,24 billion dollars and the operating profit is piled to 210,9 million dollars regarding 3,3 million dollars in the first six months last year.

The contribution of the single segment of activity of the containerized marine transport and the logistics to the result clearly of the group has been pairs to 111,2 million dollars respect to a result negative for -22,6 million dollars in the first half of 2013.

In the first half of the 2014 fleet of portacontainer of OOCL it has transported cargo volumes pairs to 2,8 million teu (+10.1%) ( on 25 July 2014).

"The total economic scene - the president of the OOIL has today commented, C C Tung - seems to be itself positioned towards a change in the right direction, although disappointing the main indicators recorded in the first semester of 2014. In particular, the Bureau of Economic Analysis of the American Department of the Commerce has announced in its third forecast that the real increase of the GDP of the first trimester has been negative. Meanwhile, the European Union has announced that the 18 Countries that share the euro have had an increase of 0.2% in the first trimester. However, although these disappointing data, are elements underlying that support a sure degree of cautious optimism. The expense of the consumers in the United States has continued to go back during the first trimester and it previews that the economy has turned out better in the course of according to trimester. Federal Reserve shows more confidence in a resumption supported from the success of the program of purchase of obligations and unemployment is come down to its level more low from 2008. In Europe, in spite of the weak people figures of the GDP, the European Central bank is answering in proattivo way cutting the rates on the loans to 0.15%, condescending to the negative the rates on the warehouses and preparing themselves to put into effect own program of development". "The field - it has specified Tung - has recorded disappointing a first semester and a more encouraging second half of the year in 2013. Entering in 2014 it has been an increase of volume of traffic and a general more positive perception regarding last year. In general terms one previews that the field of the transport container you record an improvement of the results for the first semester of 2014. However such improvement is probable that the elevated pocketbook is limited because of orders of new constructions and the next one previewed returned of new constructions that probably will be realized in the course of next the twelve months".