China International Marine Containers Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
October 27, 2021 at 06:32 am EDT
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China International Marine Containers (Group) Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was CNY 45,057.75 million compared to CNY 24,160.15 million a year ago. Net income was CNY 4,501.73 million compared to CNY 880.36 million a year ago. Basic earnings per share from continuing operations was CNY 0.8255 compared to CNY 0.1493 a year ago. Diluted earnings per share from continuing operations was CNY 0.8255 compared to CNY 0.1492 a year ago.
For the nine months, sales was CNY 118,242.3 million compared to CNY 63,591.95 million a year ago. Net income was CNY 8,799.19 million compared to CNY 697.56 million a year ago. Basic earnings per share from continuing operations was CNY 1.6037 compared to CNY 0.0932 a year ago. Diluted earnings per share from continuing operations was CNY 1.6035 compared to CNY 0.0932 a year ago.
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%).
CHINA INTERNATIONAL MARINE CONTAINERS (GROUP) CO., LTD. 
