Independent journal on economy and transport policy
12:31 GMT+1
This page has been automatically translated by Original news
In the 2014 fleet of Chinese COSCON it has transported 9,4 million container (+8.5%)
the economic result clearly of the company is returned to the positive sign
April 2, 2015
It lowers COSCO, holding of shipowning group Chinese COSCO, has closed 2014 with a profit of clearly 1,55 billion yuan (253 million dollars), with a bending of the -46,1% regarding 2,88 billion yuan in the exercise anniversary precedence. The profit for the shareholders is piled to 363 million yuan (+54.0%). The revenues are increased of +1.2% attesting itself to 66,90 billion yuan. The operating result has been of positive sign for 1,04 billion yuan respect to a sign result negative for -1,30 billion yuan in 2013.
Last year branch COSCO Container Lines (COSCON), than work the activities of containerized marine transport of the group and that integrally it is controlled by Lowers COSCO, is returned to record an economic result of positive sign being had totaled a profit of clearly 52,0 million yuan respect to a net loss of -1,43 billion yuan in 2013. The Chinese group has explained that the improvement of the result is determined partially by the reduction of the -8,3% of the fuel consumption and by the decrease of the -15,0% of the expenses for the purchase of the fuel, reductions that is yields of the slow steaming, that is of the decrease of the speed of portacontainer the employees from COSCON in own services of line.
In 2014 company COSCON it has recorded revenues for 47,74 billion yuan, in increase of +12.2% regarding 43,53 billion yuan in the exercise precedence. The revenues produced from the activity of marine transport of the container have been pairs to 43,01 billion yuan (+10.3%). The operating result has been of positive sign for 651,1 million yuan respect to operating liabilities of -1,09 billion yuan in 2013.
Last year the COSCO fleet has transport containerized cargo volumes pairs to 9,4 million container teu, with a progression of +8.5% on 2013. The medium revenue for container teu has been of 4.558 yuan (+1.7%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
phone: +39.010.2462122, fax: +39.010.2516768, e-mail
VAT number: 03532950106
Press Reg.: nr 33/96 Genoa Court
Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
It lowers COSCO, holding of shipowning group Chinese COSCO, has closed 2014 with a profit of clearly 1,55 billion yuan (253 million dollars), with a bending of the -46,1% regarding 2,88 billion yuan in the exercise anniversary precedence. The profit for the shareholders is piled to 363 million yuan (+54.0%). The revenues are increased of +1.2% attesting itself to 66,90 billion yuan. The operating result has been of positive sign for 1,04 billion yuan respect to a sign result negative for -1,30 billion yuan in 2013.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
