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26 May 2022 The on-line newspaper devoted to the world of transports 15:27 GMT+2

April 20, 2022

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In 2021, the revenues of the Chinese Sinotrans increased by +47,1%

Decisive increase in volumes handled by the company logistics

Sinotrans, Chinese logistics company of the China Group Merchants Group (CMG) of Hong Kong, closed 2021 with revenues amounting to 124.3 billion yuan ($19.5 billion), with a increase of +47.1% on the previous year. The sun shipping activities operated by Sinotrans have generated revenues pairs to 85,9 billion yuan, with a rise of +48.7% on the 2020, of which 67.8 billion yuan produced by shipments maritime (+61.0%), 8.0 billion from air shipments (+11.1%) and 6.6 billion yuan from rail shipments (+88.2%). In addition last year revenues of 24.2 billion yuan came from other logistics activities (+23.5%), including €18.1 billion generated by contract logistics (+22.6%), 3.7 billion by project logistics (+75.9%) and 1.9 billion from logistics chemical products (+11.6%). Finally revenues of 14.2 billion yuan were produced by e-commerce activities (+98.6%).

Sinotrans closed 2021 with an operating profit of 4.9 billion yuan (+44.0%), with a pre-tax profit of 4.7 billion of yuan (+33.8%) and with a net profit of 3.9 billion yuan (+36,9%).

Last year the maritime shipping activities carried out by Sinotrans have handled loads equal to 13.9 million teu containers (+6.1%), shipping activities air cargoes pairs to 634 thousand tons (+25.5%) and activities of railway shipment loads equal to 328 thousand teu containers (+71,7%). In addition, the maritime agency activities carried out by Sinotrans handled containerized cargo of 26.5 million of teu (+14.3%) and e-commerce activities have enlivened goods for a total of 170 thousand tons (+65.0%).

ADSP Tirreno Centrale
PSA Genova Pra

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