Independent journal on economy and transport policy
23:11 GMT+2
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Singamas will sell three factories of production of the container to the COSCO Shipping
The cessions, that they will include a society of services, will have a total value of about 565 million dollars
May 6, 2019
The Singamas Chinese Container Holdings Ltd. he has tightened an agreement with shipowning group Chinese COSCO Shipping in order to yield the three factories to it of production of container for cargos dry, container special and container refrigerator Qidong Singamas, Qingdao Pacific and Ningbo Pacific and the Singamas society Container (Shanghai) that he supplies services for the activities of container production. The total value of the transactions will pile to 3,8 billion yuan (565 million dollars).
Last year the activities that will be yielded by the Singamas have totaled revenues pairs to 1,10 billion dollars, with an increment of +34.6% on 2017, a profit before the taxes of 32,3 million dollars (- 29.7%) and a profit after the taxes of 23,6 million dollars (- 39.7%). In the budget the 2018 of the Singamas clean asset value of these societies turned out pairs to about 541,2 million dollars.
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