Independent journal on economy and transport policy
07:28 GMT+1
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Increase of the quarterly results of terminalista society Chinese COSCO Shipping Ports
the period July-september is closed with a profit clearly of 78,7 million dollars (+54.1%)
October 26, 2017
Chinese COSCO Shipping Ports in the third trimester of 2017, period in which the harbour terminals that are under responsibility of the company have enlivened 23,1 million container with an increase of +16.6% on the third trimester last year ( on 17 October 2017), it has recorded revenues pairs to 155,5 million dollars, with an increase of +8.0% regarding 144,1 million dollars in the period July-september of 2016, year in the course of which COSCO Shipping Ports (then COSCO Pacific) had among other things completed in March the acquisition of the terminalista society China Shipping Ports Development Co. and the cession of the charter of Florens containers Holdings Container in the within of the fusion of the activities of containerized transport of shipowning groups COSCO and Lowers Shipping. In the third trimester of this operating and useful useful year clearly they have marked respective increments of +55.7% and +54.1% going up to 36,0 million and 78,7 million dollars.
In the first nine of the 2017 revenues they are piled to 431,3 million dollars, with a rise of +2.9% on the same period last year. The operating profit has been of 421,5 million dollars (+353.3%) and the profit clearly of 481,9 million dollars (+101.5%).
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Chinese COSCO Shipping Ports in the third trimester of 2017, period in which the harbour terminals that are under responsibility of the company have enlivened 23,1 million container with an increase of +16.6% on the third trimester last year 
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
