Independent journal on economy and transport policy
06:39 GMT+1
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In the 2014 revenues of Chinese COSCO Pacific they are increased of +8.9%
With the exclusion of the activities stopped, the profit attributable to the shareholders has grown of +2.3%
March 26, 2015
Chinese COSCO Pacific has concluded 2014 with a profit clearly of 312,9 million dollars, down of the -56,4% regarding 717,3 million dollars in the exercise anniversary precedence. The revenues are piled to 870,1 million dollars (+8.9%) and the operating profit to 227,4 million dollars (- 7.9%). The Chinese company has evidenced that with the exclusion of the stopped activities, as a result of the cession of 21.8% of the capital stock of the intermodal constructor of container CIMC that is completed on June 27, 2013 ( on 21 May 2013), the profit attributable to the shareholders of COSCO Pacific has recorded an increment of +2.3% having attested itself to 292,8 million dollars regarding 286,2 million dollars in exercise 2013.
Last year the single activity of harbour terminalismo of the group has generated revenues for 517,0 million dollars, in increase of +13.6% on 2013, and a profit of the running activities pairs to 221,0 million dollars (+18.3%). We remember that in the 2014 terminal managed from the Chinese company they have enlivened a traffic of the container pairs to 67,3 million teu, with an increment of +9.9% on the year precedence ( on 16 January 2015). In the first period of two months of the 2015 traffic it has been pairs to 10,9 million teu, with a progression of +9.7% on the January-February period of 2014.
Last year in other Core business of the chartering, management and intermodal sale of container COSCO Pacific it has recorded revenues for 357,1 million dollars (+2.7%). The profit of the running activities is piled to 95,8 million dollars regarding 125,3 million dollars in 2013.
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Chinese COSCO Pacific has concluded 2014 with a profit clearly of 312,9 million dollars, down of the -56,4% regarding 717,3 million dollars in the exercise anniversary precedence. The revenues are piled to 870,1 million dollars (+8.9%) and the operating profit to 227,4 million dollars (- 7.9%). The Chinese company has evidenced that with the exclusion of the stopped activities, as a result of the cession of 21.8% of the capital stock of the intermodal constructor of container CIMC that is completed on June 27, 2013 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
