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26 March 2019 The on-line newspaper devoted to the world of transports 11:14 GMT+1

April 3, 2018

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Original news
In the 2017 generated revenues of the Singamas from the activity of container production they have grown of +97.7%

The Chinese company has closed the exercise anniversary with a profit clearly of 43,4 million dollars

Last year the factories of the Singamas Chinese have produced to container for a total pairs to 738 thousand teu, with an increment of +41.0% regarding 2016 when the production had recorded a bending of the -0,6% on the year precedence. In the 2017 sales of container of the company they have reached a total pairs to 716 thousand teu (+31.6%) and the average price of sale for a container from 20 ' for cargos dries has turned out of 2.102 dollars (+44.3%).

In the 2017 revenues of the Singamas they are piled to 1,48 billion dollars, with an increase of +61.1% on the year precedence, of which 1,44 billion deriving from the activity of production of the containers (with 85.5% of the figure generated from the sale of container for cargos it dry), for an important increment of +97.7%. Singamas has closed the 2017 with a profit clearly of 43,4 million dollars respect to a net loss of -61,9 million dollars in 2016.

The Chinese company previews that the results will continue to grow in 2018, with the segment of the container for cargos buckets that will continue to represent consisting and the more stable part of the revenues, while that of the special production of container, in particular of container reefer, that it will constitute the pulling ahead engine of the economic performances graces also to the new factory constructed to Qingdao and dedicated to the production of containers refrigerator that has begun the activity in these days.

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