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The most in history! Last year, Cosco Shipping line net profit of 89.296 billion yuan, daily profit of 245 million yuan!

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The most in history! Last year, Cosco Shipping line net profit of 89.296 billion yuan, daily profit of 245 million yuan!

According to Shipping network news, "the king of the cycle" in the ocean control issued in 2021 performance express, the company is expected to achieve operating revenue 333.694 billion yuan, a year-on-year growth of 94.85%, net profit attributable to shareholders of listed companies 89.296 billion yuan, compared with the same period last year increased 79.369 billion yuan, an increase of about 799.52%;  Non-deduction net profit of 89.179 billion yuan, a record annual performance.  

Cosco said that in 2021, under the influence of multiple factors such as repeated epidemics, increasing demand and limited supply, the global logistics supply chain continues to be challenged and impacted by complex situations such as port congestion, container shortage and delayed inland transportation, and the relationship between supply and demand of container transportation continues to be tense.  The company overcomes the overlapping influence of multiple factors such as the global epidemic, actively integrates into the domestic and international double-cycle construction, gives full play to the supporting role of the container logistics supply chain, always sticks to the service concept of "customer first", and strives to guarantee the global transportation service through measures such as stable transport capacity, guarantee container supply and excellent service.  
 
In terms of data, the growth of freight volume of Cosco shipping line company performance growth mainly benefited from the rise of freight rates.  During the reporting period, the company's container shipping volume (TEU) is estimated to be about 26.912 million teU, an increase of about 567,500 TEU and about 2.15% compared with the same period last year.  During the reporting period, China's export container freight rate composite Index (CCFI) averaged 2615.54 points, up 165.69% year on year.  

According to COSCO, the company adheres to the principle of returning to the essence of service in shipping, increases efforts to sign long-term service agreements with strategic customers and direct customers, gradually increases the proportion of direct customers, and continues to expand customer cooperation areas, laying a good foundation for achieving high-quality development to a new level in the future.  

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