Independent journal on economy and transport policy
11:55 GMT+1
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It continues the trend negative of the performances of the CIMC in the segment of the container
The Chinese company has concluded the second trimester with a profit to clearly 590,6 million yuan (- 19.3%)
August 27, 2019
In according to trimester of this year performance commercial financial institutions and of China International Marine Containers (CIMC), specialized in the segment of the intermodal production of container and operating Chinese society also in other fields of activity, has continued along the trend under way negative at the beginning of 2019. If in the period April-june of this year the revenues have been attested altogether 23,6 billion to yuan (3,3 billion dollars), with a bending of the -2,8% on the correspondent period of 2018, in the single section of the construction and commercialization of the container are recorded revenues pairs to 6,1 billion yuan, with a decided decrease of the -30,8% on according to trimester last year. The operating profit of CIMC is piled to 869,9 million yuan (- 19.4%) and the profit to clearly 590,6 million yuan (- 19.3%).
In according to trimester of the 2019 Chinese company it has sold container for a total pairs to 362 thousand teu (- 26%), of which 344 thousand container for cargos it dry (- 25%) and 18 thousand container reefer (- 49%).
In the first semester of this year the revenues of the CIMC have totaled 42,7 billion yuan, with a decrease of the -1,9% on the first half of 2018, of which 11,3 billion yuan generated from the production and sale of container (- 29.6%). The operating profit has been of 1,5 billion yuan (- 16.9%) and the profit of clearly 1,1 billion yuan (- 16.2%), with a contribution to the result clearly from the segment of the container pairs to 37,6 million yuan (- 82.4%).
In the first six months of this year the consistency of the sales of containers has been pairs to 624 thousand teu (- 29.3%), of which 574 thousand dry container (- 28.9%) and 51 thousand container refrigerator (- 33.8%). CIMC it has confirmed today that in the first half of the 2019 question of container remarkablly it is dropped regarding the historical peak last year and that is the container question is the price of the containers has turned out inferior regarding those of the first semester of 2018.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
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Editor in chief: Bruno Bellio No part may be reproduced without the express permission of the publisher
In according to trimester of this year performance commercial financial institutions and of China International Marine Containers (CIMC), specialized in the segment of the intermodal production of container and operating Chinese society also in other fields of activity, has continued along the trend under way negative at the beginning of 2019. If in the period April-june of this year the revenues have been attested altogether 23,6 billion to yuan (3,3 billion dollars), with a bending of the -2,8% on the correspondent period of 2018, in the single section of the construction and commercialization of the container are recorded revenues pairs to 6,1 billion yuan, with a decided decrease of the -30,8% on according to trimester last year. The operating profit of CIMC is piled to 869,9 million yuan (- 19.4%) and the profit to clearly 590,6 million yuan (- 19.3%).
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
