Independent journal on economy and transport policy
13:25 GMT+1
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Quarterly sales of dry containers produced by China's CIMC soar
Sales of refrigerated containers are falling
October 27, 2020
CIMC, which also operates in other business sectors including the energy sector, closed the third quarter of 2010 with revenues 24.2 billion yuan ($3.6 billion), with a increase of +27.5% over the same period last year. Operating profit was 1.6 billion yuan (+675.3%) And net profit of 1.2 billion yuan (+920.2%).
In the first nine months of this year containers for dry cargoes sold by CIMC amounted to almost 595,000 teu, with an increase in +17.1% over the corresponding period of 2019, while sales of container reefers totaled more than 84,000 teu (-3.2%).
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