Independent journal on economy and transport policy
12:54 GMT+1
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In increase the economic results of terminalista group Chinese COSCO Pacific
Last month its terminals have enlivened 5,9 million container (+8.9%)
August 26, 2014
In the first half of 2014 terminalista group Chinese COSCO Pacific it has realized a profit clearly of 158,1 million dollars on revenues for 440,2 million dollars respect to a profit clearly of 568,6 million dollars on revenues for 395,2 million dollars in the first six months last year. The result clearly of the first semester of 2013 includes profits for 393,4 million dollars produced from stopped activity, that is from the participation of 21.8% in the producer of container CIMC (and comprised the part of profit realized from this company), quota that COSCO Pacific has yielded in the course of 2013 ( on 21 May 2013). Al clearly of the effect of such sale, in the first semester of this year the profit clearly of the running activities turns out to be pairs to 158,1 million dollars, with an increase of +3.9% regarding 152,2 million dollars in the first half of 2013.
In the first six months of this year the revenues generated from the sun terminalistiche activities of the group have recorded an increment of +18.9% having gone up to 258,1 million dollars. We remember that in the first half of the 2014 terminal of COSCO Pacific they have enlivened a containerized trade pairs to 32,5 million teu, in increase of +10.1% on the same period of 2013 ( on 15 July 2014). Last month the terminals of the group have enlivened a traffic pairs almost 5,9 million teu, with a progression of +8.9% on July 2013. In the first seven months of the 2014 containerized volume altogether enlivened from the terminals of COSCO Pacific it is therefore pairs to 38,4 million teu, in increase of +9.9% on the correspondent period last year. We remember moreover that last March COSCO Pacific has acquired 40% of the capital of the terminalista society Asia Terminals Container ( on 13 March 2014).
COSCO Pacific previews that the increase of the volumes enlivened from own terminals will continue also in the second half of 2014 supporting the produced economic performances from the terminalista division of the group.
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