Shanghai-listed COSCO Shipping Holdings saw its profit plunge by 33 percent in the first quarter ended March 31, 2018.
The company’s net profit dropped to CNY 180.8 million (USD 28.4 million) in the period, from CNY 270.1 million (USD 42.5 million) reported in the first quarter of 2017.
For the first quarter of 2018, the group realized an operating revenue of CNY 21.9 billion, representing an increase of 9 percent as compared to CNY 20.1 billion seen in the previous year.
Revenue from the container shipping business was up by 6.5 percent to CNY 20.6 billion, while revenue from the terminal sector jumped by 72.1 percent to CNY 1.5 billion.
Excluding the impact of the acquisitions of NOATUM Terminal and Zeebrugge Terminal, revenue from terminal and related business for the first quarter of 2018 increased by 19.8 percent.
During the first quarter, the group’s container shipping volume reached 5.2 million TEUs, representing an rise of 11.8 percent as compared to 4.6 million TEUs handled in the same period of last year.
COSCO Shipping Holdings’ total throughput in the container terminal business reached 27.2 million TEUs, surging by 37.7 percent from 19.7 million TEUs reported a year earlier.
上海上市的中遠航運控股在截至2018年3月31日的第一季度盈利下滑33％。
該公司當期淨利潤從2017年第一季度的2.701億元人民幣（4250萬美元）下降至180.8百萬元人民幣（2840百萬美元）。
2018年一季度，集團實現營業收入219億元，同比增長9％，而去年同期為201億元。
集裝箱航運業務收入達206億元人民幣，增長6.5％，航站樓收入增長72.1％至15億元人民幣。
排除收購NOATUM Terminal和Zeebrugge Terminal的影響，2018年第一季度終端和相關業務的收入增長了19.8％。
第一季度，集團的集裝箱運輸量達到520萬標準箱，比去年同期的460萬標準箱增長了11.8％。
中遠航運控股集裝箱碼頭總量達到2720萬標準箱，比去年同期的1,970萬標箱增長37.7％。
Image Courtesy: COSCO / Imformation Source: World Maritime News Staff
