In 2023, the revenues of Chinese container manufacturer Singamas will halved to $382.5 million, with a decrease of -50.7% on the previous year due to the reduction in -69.3% of revenues from production activities and container sales, which amounted to $187.1 million, while revenues generated by logistics activities of the company remained stable at 27.5 million dollars (-0.4%). Operating profit was 10.2 million dollars (-88.2%), with a contribution of 6.5 million from the container production (-92.3%) and €3.6 million from logistics (+59,4%). Net profit amounted to €22.5 million. dollars (-60.2%).

Last year, sales of containers produced by Singamas decreased by about -56% as they amounted to 106 thousand containers teu. The average selling price of the containers, equal to 2,075 dollars per 20ft container for dry cargo, it's down -26.8%.