China International Marine Containers Co., Ltd. Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021
July 14, 2021 at 06:51 am EDT
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China International Marine Containers (Group) Co., Ltd. provided unaudited consolidated earnings guidance for the six months ended June 30, 2021. For the six months, the Group expects the consolidated net profit attributable to shareholders and other equity holders of the company for the six months ended 30 June 2021 will achieve a turnaround from loss to profit as compared with the corresponding period of last year. Net profit attributable to shareholders and other equity holders of the company RMB 4,000,000,000 to RMB 4,600,000,000 against loss of RMB 182,797,000 reported previously. Basic earnings per share of RMB 1.0846 per share to RMB 1.2515 per share against loss of RMB 0.0841 per share reported previously.
China International Marine Containers (Group) Co., Ltd. is a leading global producer of containers and transport equipment. Net sales break down by family of products and services as follows:
- road transport vehicles (27.9%);
- containers (22.8%): dry containers, refrigerated containers, tank containers, etc.;
- equipment for food and chemical industries (14%);
- logistics services (11.2%);
- airport equipment (6.5%): freight equipment, boarding bridges, etc.;
- petroleum equipment (5.4%);
- property development services (2.3%);
- finance services (1.8%);
- other (8.1%): primarily construction equipment (semi-trailers, tanker trucks, dump trucks, concrete mixers, garbage compressors, road sweepers, high pressure washers, etc.).
Net sales are distributed geographically as follows: China (60.2%), Asia (3.9%), Americas (18.9%), Europe (15.2%), and other (1.8%).