Independent journal on economy and transport policy
04:37 GMT+1
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In 2021 container sales of the CIMC reached a record share
The revenues from the marketing of containers increased by +197,6%
March 28, 2022
Never in its own history is China International Marine Containers (Group) Co. (CIMC) has sold new containers as it happened in 2021 as a result of the exceptional growth in demand for containerized transport. Never before, moreover, the Chinese firm reported such high financial results as those totaled in the 2021 annual financial year. Last year CIMC's revenues reached a record share of 163.7 billion yuan (25.7 billion), an increase of 73.9% percent on 2020 percent, of which 66.0 billion yuan from the sale of containers (+ 197.6 percent), including 49.7 billions of products from the marketing of containers for dry loads (+ 264.0%) and 5.2 billion from that of fridge containers (+ 37.7%). Operating profit amounted to 13.5 billion yuan (+ 81.1%) and net profit to almost 8.4 billion yuan (+ 39.1%), with a supply of 11.3 billion from the sale of containers (+ 470.1%).
In 2021 the sales of containers produced by the CIMC totaled the record number of 2.66 million teu (+ 135.1%), of which 2.51 million dry containers (+ 150.5%) and 148mila container reefer (+ 15.3%). After the strong rise in container sales recorded in the first three quarters of 2021, with increases of +161,8% respectively, + 234.5% and +199,0% on corresponding periods of the previous year, in the last quarter of last year the growth moderated by being 37.4% even in view of the comparator with the 95.2% increase recorded in the fourth quarter of 2020.
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