Independent journal on economy and transport policy
12:42 GMT+1
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the Chinese producer of container CIMC records a decided rise of the sales and the economic results
In the period July-september of this year the company has established the own new absolute record of quarterly revenues
October 30, 2017
In the third trimester of this year the Chinese producer of container intermodal Lowers International Marine Containers (Group) Co. (CIMC) have recorded one sensitive increase of the sales and the economic results. The period has been archived item with the new absolute record of quarterly revenues that have been pairs almost 20,6 billion yuan (3,1 billion dollars), with an increment of +79.9% regarding the third trimester of the 2016 and with an increase of +0.4% compared to the previous record established in the last trimester of 2014 with the 20,5 billion one yuan. The operating profit is piled at less than 1,1 billion yuan (+175.5% on the third trimester of the 2016) and profit to clearly 695 million yuan (+181.3%).
In the third trimester of the 2017 sales of container realized by the Chinese group have been pairs to 466 thousand container teu (+128.7%), total that represents the thirteenth greater quarterly volume of sales marked from the company (the record is established in the third trimester of 2007 with 599 thousand teu). The sales of container for cargos dry have been pairs to 443 thousand teu (+140.0%) and those of container reefer to 32 thousand teu (+40.0%).
In the first nine months of this year CIMC yuan has totaled revenues pairs almost 54,0 billion, with a rise of +54.3% on the period January-september of 2016. The operating profit has been attested 2,6 billion to yuan (+3,361, 0%) and the economic result clearly has been of positive sign and pairs almost 1,8 billion yuan respect to a net loss of -294 million yuan in the first nine months last year.
In the period January-september of the 2017 sales of containers they have been pairs to beyond 1,0 million teu (+123.3%), of which 969 thousand container for cargos it dry (+131.3%) and 67 thousand container refrigerator (+48.6%). Such sales have produced to total revenues pairs to 18,0 billion yuan (+130.1%).
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