Independent journal on economy and transport policy
16:46 GMT+1
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In the third trimester the revenues of the CIMC deriving from the container sale are increased of +6.9%
In the period the consistency of the sales is dropped of -5,4%
October 29, 2018
In the first nine months of this year the producer of Chinese container Lowers International Marine Containers (Group) Co. (CIMC) have recorded an increase of +27.7% of the sold containers, increase that is generated by the rise of +28.4% of the sales in the solo first trimester followed from an anchor more important increase of in the quarter next +85.3% and therefore from a bending of the -5,4% of the sales in the third trimester of the 2018 (period in which I compare is with a third trimester of 2017 in which the sales they were gone up of +128.7%). Altogether in the first nine months of the 2018 company it has sold container for a total pairs to beyond 1,3 million teu respect 1,0 million teu in the same period last year, of which 1,2 million teu of containers for cargos it dry (+24.6%) and 116 thousand teu of containers reefer (+72.7%).
In the solo third trimester of this year the sales have turned out pairs altogether to 441 thousand teu regarding 467 thousand in the period July-september of 2017, of which 401 thousand teu for cargos it dry -7,5% and 40 thousand teu refrigerator (+23.0%).
In the first nine months of the 2018 Chinese group, than beyond in the section of the production of the container it is active in other fields mainly in the fields of the logistics and of the equipments for the energy, 9,6 billion dollars have recorded revenues pairs to 66,9 billion yuan (), with an increment of +24.0% on the period January-september last year, of which 24,6 billion yuan generated from the buying and selling activity of container (+36.6%). The operating profit is piled to 3,9 billion yuan (+54.1%) and the profit to clearly 2,8 billion yuan (+62.0%).
In the third trimester of this year the revenues of the group have been attested 23,3 billion to yuan, in increase of +13.5% on the same period of 2017, of which 8,5 billion yuan produced from the segment of container (+6.9%). The operating profit has turned out pairs to 2,1 billion yuan (+107.0%) and the profit to clearly 1,5 billion yuan (+121.2%).
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