Independent journal on economy and transport policy
07:41 GMT+1
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COSCO Shipping Ports closed 2021 with record revenues
Recorded a net profit of 405,8 million dollars (+8.6%)
April 1, 2022
In 2021, the year in which the port terminals of COSCO Shipping Ports recorded a growth of +3.7% of containerized traffic (
of 19 January 2022), the revenues of the Chinese terminalista group have reached the record quota of 1.21 billion dollars, with a increase of +20.7% on the previous year. The profit operating is piled to 217,3 million dollars (+15.1%) and net profit at EUR 405.8 million (+8.6%).
In the fourth quarter of 2021 alone, revenues marked a new historical record with 347.6 million dollars, with a rise of +25.1% on the corresponding period of 2020. Net profit is state of 111.5 million dollars (+91.0%), value which is the higher for this time of year. Net profit was attested to 111.9 million dollars (+6.1%).
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