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23 September 2020 The on-line newspaper devoted to the world of transports 11:33 GMT+2

August 28, 2020

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Original news
In the second quarter of this year, China's CIMC sold 222,000 teu (-38.6%)

Revenues stable

After the sharp decline in first quarter results this year, in the following quarter, the Chinese China International Marine Containers (Group) Co. (CIMC) achieved improved performance Economic. In the April-June period of 2020 revenues and costs operating systems remained almost stable as they were equal to 23.6 billion yuan (3.4 billion U.S. dollars) and 20.2 billion yuan, with reductions of -0.2% and -1.2% on the same last year. Operating profit amounted to 2.0 billion yuan (up 37.7%) net profit at 926.8 million yuan (56.9%).

In the second quarter of this year, CIMC came to a total of 222 thousand teu, a decrease of -38.6% driven by a -43.6% drop in the sale of containers for dry loads, which were 194 thousand teu, partially offset by a 56.9% increase in container sales 28,000 teu.

In the first half of 2020, container sales were 412 thousand teu, a drop of -34.0% on the first half 358 thousand containers for dry loads (-37.5%) in 2019. And 54,000 reefer containers (up 5.7%). In the first six months of this year, Hong Kong's revenues were 39.4 billion dollars (-7.7%), of which 8.4 billion were generated by container production (-25.4%). Operating profit was 588.7 million (-61.2%) net profit of 141.2 million Hong Kong dollars (-78.0%) with a contribution from the segment of the container production of 238.9 million or 535.8%.

PSA Genova Pra' Autorità di Sistema Portuale Mar Ligure Orientale

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