Independent journal on economy and transport policy
22:13 GMT+1
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Bending of the quarterly economic results of terminalista group COSCO Pacific
Revenues in decrease for the third consecutive trimester
October 26, 2015
Chinese group COSCO Pacific has closed the period July-september of this year with a bending of the -6,6% of the revenues that are piled to 201,8 million dollars regarding 216,2 million dollars in the same period of 2014. Draft of the third consecutive quarterly period of contraction of the volume of transactions for the Chinese terminalista group, than - we remember - in the third trimester of this year has recorded an light increment (+0.3%) of the containerized trade enlivened from own terminals that has been pairs to beyond 17,6 million teu(of 16 October 2015). The operating profit has been attested to 52,2 million dollars, with a contraction of the -20,5% regarding the third trimester last year, and the profit clearly has been pairs to 78,1 million dollars (- 15.4%).
COSCO Pacific work also in the field of the intermodal chartering of container through the society integrally controlled Florens Container Holdings Ltd. that to the 30 past september september 2014 had a fleet of the consistency pairs to 1.964.954 teu (+2.4% on the 30).
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