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17 July 2019 The on-line newspaper devoted to the world of transports 12:19 GMT+2



May 25, 2016

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Original news
Chinese group HNA is in negotiations in order to buy logistic company CWT of Singapore

the society is founded in 1970 and has approximately 6.000
dependent
Chinese group HNA has in course negotiations in via exclusive right with the C & P Logistics of Singapore in order buying logistic company CWT Ltd. that it is founded in 1970, has approximately 6.000 dependent and by 1993 it is quoted to the Stock exchange of Singapore.

Last year CWT has recorded revenues pairs to beyond 9,9 billion dollars of Singapore (USA 7,2 billion dollars), with a decrease of the -30% on the exercise 2014 that - the company that is active also in the financial services and ingegneristici and in the trading has announced of commodities - is determined by a decrease of the naphta sales and by a generalized bending of the prices of the raw materials. The operating profit is piled to 139,5 million dollars of Singapore (- 11%) and the profit after the taxes has turned out unchanged and pairs to 113,9 million dollars of Singapore.

group HNA is active mainly in the aerial and airport field, the field financial and of the trading of the commodities, in that tourist and the section of the logistics, in which it is present also with marine activities and of shipbuilding.



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