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25 June 2018 The on-line newspaper devoted to the world of transports 05:50 GMT+2

August 29, 2017

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Original news
In according to trimester of the 2017 revenues of terminalista society COSCO Shipping Ports has grown of +1.1%

Aumento of +389.3% of the profit clearly thanks to the contribution of the extraordinary voices

COSCO Shipping Ports, the terminalista division of shipowning group Chinese COSCO Shipping, has concluded the first semester of this year, period in which the harbour terminals that are under responsibility of the company have enlivened 41,8 million container with an increment of +11.8% on the first half of the 2016(of the 18 July 2017), with revenues pairs to 275,8 million dollars, an increase of +0.3% regarding 275,0 million dollars in the first six months last year.

the operating profit is piled to 385,6 million dollars, with an increase of +451.7% regarding 69,9 million dollars in the first half of 2016. The remarkable increase is mainly yields of extraordinary proceeds for 284,7 million dollars deriving from the cession of own participation in the Qingdao Qianwan Container Terminal, pairs to 20% of the share capital, in the within of the which signed agreement at the beginning of this year in order to increase the participation of COSCO Shipping Ports in the Qingdao Port International(of 13 February 2017). Such cession has been capacity to term 22nd May.

COSCO Shipping Ports has closed the first semester of 2017 with a profit clearly of 403,2 million dollars (+114.4%).

In the second solo trimester of the 2017 revenues of the terminalista society has been attested to 147,9 million dollars, with an increase of +1.1% on the same period last year. Operating and useful profit clearly has turned out pairs respective to 360,0 million dollars (+706.3%) and 357,9 million dollars (+389.3%).

Est Europea Servizi Terminalistici
Vincenzo Miele

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