Independent journal on economy and transport policy
12:18 GMT+1
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COSCO Shipping Ports has closed the first semester with a profit clearly of 172,1 million dollars (- 12.1%)
The revenues have grown of +4.5%
August 29, 2019
In the first semester of 2019, period in which the harbour terminals of COSCO Shipping Ports have recorded an increase of +4.5% of the traffic of the container attested to 49,5 million teu(on 15 July 2019), the revenues of the Chinese terminalista group have marked the same increment of +4.5% having been piled to 517,9 million dollars regarding 495,5 million dollars in the first half last year. Operating and useful profit clearly is diminished respective of the -8,6% and the -12,1% to 101,5 million and 172,1 million dollars.
In the second solo trimester of this year the revenues of the group have totaled 270,2 million dollars, with a progression of +4.9% on the same period of 2018. The operating profit has been of 62,2 million dollars (+6.6%) and the profit clearly of 111,5 million dollars (- 2.1%).
COSCO Shipping Ports considers that in the entire year the 2019 increase of the containerized trade in own harbour terminals will be of a figure next percentage and to +10%. We remember that in the 2018 total traffic it has been of 98,0 million teu, with an increase of +11.5% on the year precedence.
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In the first semester of 2019, period in which the harbour terminals of COSCO Shipping Ports have recorded an increase of +4.5% of the traffic of the container attested to 49,5 million teu
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
