Independent journal on economy and transport policy
07:55 GMT+1
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Emphasized deterioration of the economic performances of the producer of Chinese container CIMC
Last year the container sales dry cargo are diminished of the -19,1%, while those of container reefer are increased of +40.8%
March 29, 2016
In the 2015 group International Marine Containers (Group) Co Lowers. (CIMC), main world-wide producer of container, have recorded a strong deterioration of the economic results happened mainly in the second half of the year hand in hand with the drastic contraction of sales of container for cargos dry only partially compensated from the emphasized rise of the most expensive sales of container refrigerator.
Last year the revenues of the Chinese group have attested 58,7 billion to yuan (9,0 billion dollars), with a decrease of -16,2% regarding the 70,1 billion one yuan in 2014 caused above all from the bending of the selling price of the containers determined from the decrease of the costs of the steel and of other raw materials and from the reduction of the orders of container due to the smaller ones ask.
In the 2015 sales of container dry cargo produced from CIMC pairs to 1,12 million container from 20 have been ' (teu), with a decrease of the -19,1% on 2014, and have yielded revenues for a total of 11,4 billion yuan (- 28.6%), while the container sales reefer have been pairs to 181 thousand teu (+40.8%) and have generated revenues pairs almost 5,2 billion yuan (+22.3%). Moreover the sales of special containers reefer and modular systems have generated revenues pairs to 4,5 billion yuan (+7.0%).
CIMC it has archived item 2015 with an operating profit of 2,9 billion yuan and with a profit pairs at less than clearly 2,3 billion yuan, down respective of the -10,7% and the -25,1% on the exercise anniversary precedence.
In the solo fourth trimester of the 2015 Chinese group has recorded revenues for a total of 13,4 billion yuan, with a contraction of the -34,5% on the correspondent period of the year precedence. The operating profit is piled to 498 million yuan (- 56.6%) and the profit to clearly 350 million yuan (- 65.5%). In the last trimester last year the sales of container for cargos dry have been pairs to 134 thousand teu (- 58.8%) and those of container refrigerator to 55 thousand teu (+67.4%).
CIMC it previews that the weakening of the container question will continue also in 2016.
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In the 2015 group International Marine Containers (Group) Co Lowers. (CIMC), main world-wide producer of container, have recorded a strong deterioration of the economic results happened mainly in the second half of the year hand in hand with the drastic contraction of sales of container for cargos dry only partially compensated from the emphasized rise of the most expensive sales of container refrigerator.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
