China International Marine Containers Co., Ltd. Announces Revenue Results for the First Nine Months Ended September 30, 2017; Provides Revenue Guidance for the Full Years of Fiscal 2017, 2018 and 2019
January 12, 2018 at 06:30 am
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China International Marine Containers (Group) Co., Ltd. announced revenue results for the first nine months ended September 30, 2017. From January to September in 2017, the revenue of the company amounted to RMB 53,962.71 million, representing an increase of 54.3% as compared with the previous year.
The company provided revenue guidance for the full years of fiscal 2017, 2018 and 2019. For the year 2017, the company expects to report revenue (excluding real estate business) to be RMB 71,752,980,000.
For the year 2018, the company expects to report revenue (excluding real estate business) to be RMB 74,832,810,000.
For the year 2019, the company expects to report revenue (excluding real estate business) to be RMB 78,044,840,000.
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 Co., Ltd. Announces Revenue Results for the First Nine Months Ended September 30, 2017; Provides Revenue Guidance for the Full Years of Fiscal 2017, 2018 and 2019