Independent journal on economy and transport policy
07:50 GMT+1
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In the second quarter of this year, China's CIMC sold containers for a total of 222 thousand teu (-38.6%)
Steady revenues
August 28, 2020
In the second quarter of this year, CIMC came to a total of 222 thousand teu, a decrease of -38.6% driven by a -43.6% drop in the sale of containers for dry loads, which were 194 thousand teu, partially offset by a 56.9% increase in container sales 28,000 teu.
In the first half of 2020, container sales were 412 thousand teu, a drop of -34.0% on the first half 358 thousand containers for dry loads (-37.5%) in 2019. And 54,000 reefer containers (up 5.7%). In the first six months of this year, Hong Kong's revenues were 39.4 billion dollars (-7.7%), of which 8.4 billion were generated by container production (-25.4%). Operating profit was 588.7 million (-61.2%) net profit of 141.2 million Hong Kong dollars (-78.0%) with a contribution from the segment of the container production of 238.9 million or 535.8%.
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