Independent journal on economy and transport policy
08:24 GMT+1
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Decided bending of the economic results of Chinese CIMC in the third trimester
In the period the company has sold container for a total pairs to 290 thousand teu (- 32%)
November 17, 2015
In the third trimester of this year China International Marine Containers (Group) Co. (CIMC), that it is the main world-wide producer of container intermodal, have sold containers for a total pairs to 290 thousand teu, with a bending of the -32% regarding the correspondent period of 2014. The sales of container for cargos dry have been pairs to 250 thousand teu (- 42%) and those of container refrigerator to 40 thousand teu (+56%).
The Chinese company has closed the third trimester of 2015 with a profit of clearly 269,0 million yuan (42 million dollars), with a bending of the -63% regarding 730,9 million yuan in the period July-september last year. The revenues are diminished of -28% to the 12,6 billion one yuan and the operating profit is piled to 419 million yuan (- 53%).
In the first nine total months of 2015 CIMC it has sold container for 1,1 million teu, down of the -4% regarding the period January-september last year. The container dry cargo has been 986 thousand teu (- 7%) and reefer 126 thousand teu (+32%).
In the first nine months of this year the company has totaled a profit of clearly 1,9 billion yuan on revenues for 45,3 billion yuan, with decreases respective of the -5% and the -9% on the same period of 2014. The operating profit has been attested 2,4 billion to yuan (+14%).
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