In the first six months of 2023 the revenues of the Chinese logistics group
Sinotrans amounted to 47.84 billion yuan (6.1 billion
dollars), with a decrease of -13,3% on the first half of the
last year. Revenues generated by shipments operated by the group
have been pairs to 28,35 billion yuan (- 14.7%) - including 19,42
billion deriving from maritime shipments (- 16.5%), 3.12
billion from air shipments (-30.7%) and 4.23 billion from
rail shipments (+30.1%) -, 14.77 billion yuan from
other logistics activities (-1.0%) and 4.72 billion from
e-commerce segment (-32.9%). Operating profit was
of 2,81 billion yuan (- 6.8%) and the profit clearly to 2,28 billion
yuan (-6.7%).
The reduction in half-year turnover occurred
in the first quarter of 2023 when the decline was
-24.6%, while in the period April-June of this year revenues
stood at 25.48 billion yuan, with a slight decrease
-0.3% on the same period of 2022.
In the first six months of 2023 the volume of maritime shipments
operated by Sinotrans amounted to 6.25 million containers
teu (- 6.3%), that of air shipments to 427 thousand tons
(+8.4%) and that of the railway shipments to 219 thousand teu
(+15,3%). In the second quarter of this year alone, shipments
Marittime have totaled 3,59 million teu (- 4.6%), the
air shipments 242 thousand tons (+23.5%) and shipments
railways 124 thousand teu (0%).