Independent journal on economy and transport policy
07:59 GMT+1
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quarterly of terminaliste societies the Chinese COSCO Pacific and HPH Trusts
In increase the economic result clearly of the company of group COSCO. Decrease of the performances of the enterprise of group HPH
April 28, 2015
COSCO Pacific, the society that manages the terminaliste activities and of chartering container of shipowning group Chinese COSCO, has closed the first trimester of this year with a profit clearly of 81,2 million dollars, with an increase of +20.0% on the correspondent period of 2014. The revenues are diminished of the -8,3% coming down to 194,8 million dollars and the operating profit has recorded an increase of +10.5% having attested itself to 58,5 million dollars. We remember that in the first three months of the 2015 harbour terminal of COSCO Pacific they have enlivened a traffic of the container pairs to 16,5 million teu (+6.6%) ( on 16 April 2015).
The terminalista society Hutchison Port Holdings Trust (HPH Trust), that it is quoted to the Stock exchange of Singapore and that is under responsibility of Hutchison Port Holdings (HPH) of the Hutchison Whampoa Ltd group. (HWL) of Hong Kong, has archived item the first trimester of 2015 with a profit after the taxes of 540,5 million dollars of Hong Kong (USA 70 million dollars), down of the -29,0% regarding 761,4 million dollars of Hong Kong in the first three months last year. The revenues have remained stable to 2,95 billion dollars of Hong Kong (+0.1%) and the operating result is piled to 823,5 million dollars of Hong Kong (- 19.4%).
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