China's intermodal container manufacturer China International Marine Containers (Group) Co. (CIMC) announced that expects to close the 2024 financial year with a profit for shareholders worth between 2.5 billion and 3.5 billion yuan (US$345-483 million) compared to 431.2 million yuan in 2023, for an increase of between +493% and +731%.

The company explained that the expected sharp increase is mainly attributable to the significant increase in demand of new containers that took place during 2024, with a production and marketing of dry cargo containers by the group that during the year that reached new records, with a consequent sharp increase in revenues and profits.