A number of aviation companies issued a profit announcement to hide the industry bleak
Source: Internet
Author: User
Recently, Cosco Shipping (market, Inquiry) (600428,SH), *st Ocean (market, interrogation) (601919,SH), in the Sea Sheng (market, interrogation) (600896,SH) have released the 2013 annual performance forecast. The 3 shipping companies that are now reporting earnings are making a profit, compared with the general losses of 2012. However, the daily economic news reporter found that these announced performance forecasts of the shipping companies behind the profit, not all of the main business of shipping, but through the sale of assets and other means to achieve. China's shipping industry continued to slump in 2013, and shipping companies ' operating conditions have not improved significantly. The shipping industry's continued losses in the shipping industry have already undermined confidence in the industry's development, with the same "chronic" in 2013. According to the daily economic news reporter incomplete statistics, 2013 years ago three quarters, a-share 11 shipping companies have 10 losses. The only company to make a profit in the first three quarters was the CNOOC, which is engaged in the transport of special cargoes such as liquid bitumen and liquid chemicals, with a net profit of 78 million yuan in the first three quarters. January 22, 2014, the Sino-Sea Sheng released the 2013 annual results of the announcement, "the company's financial sector preliminary estimates, the company's 2013 operating performance is expected to achieve a return to profitability, the shareholders of the listed company's net profit of about 19.35 million yuan." The company's net profit loss of 2012 was nearly 372 million yuan. Coincidentally, the Sino-Sea Sheng announced performance before the surplus, in 2011, 2012, two years of "loss King" title, and was retired from the city's largest-stock shipping company--*st Ocean also announced in the evening of January 16, 2014 earnings, "as of December 31, 2013, It is expected that the company's annual net profit attributable to the shareholders of the listed company will be profitable. "Data show that the *ST Ocean 2011 net profit loss of about 10.449 billion yuan, the 2012 loss, although a decrease, but still a large scale loss, the annual net profit of about 9.559 billion yuan." In addition, has announced the 2013 annual performance forecast of the A-share shipping enterprises and COSCO Shipping, the company is China Ocean Transportation (Group) corporation under the umbrella of other than *st ocean and a A-shares listed companies, mainly engaged in specialized specialty groceries ocean transportation. According to Cosco Shipping January 14, 2014 performance letters, the company achieved a net profit of 31.4946 million yuan in 2013, its last annual loss of 66.4212 million yuan. The sale of assets profit not change the plight of the current 2013-year performance of the 3-a-share listed companies have achieved a turnaround, however, the daily economic news reporter found that, in addition to enterprises engaged in the special freight transport business, the key to the loss of most shipping companies to sell assets and other reasons. The fundamental situation of the entire capacity glut in 2013 has not beenTo effective relief, the dismal operating conditions of China's shipping companies are still a huge problem. Although the *st Ocean eventually succeeded in reversing its performance, avoiding the "doom" of the retreat, the company also admitted in its 2013-year notice that "there was no real improvement in the supply and demand imbalance in the international shipping industry during the performance forecast." "In fact, although the *st ocean through various measures, efforts to cut expenditure, but ultimately the overall performance of the root cause of the loss is still the company's 2013 annual equity, asset sales." March 2013, *st Ocean to large shareholder COSCO Group sold COSCO Logistics 100% stake, Trading on the price of 6.74 billion yuan, is expected to achieve one-time tax before the transfer of income of about 1.96 billion yuan; in May, the company intended to sell its shares of 21.8% Central Group (consultation), which was indirectly held by Cosco Container Industrial company, at a price of 1.222 billion US dollars (about 7.54 billion yuan) The company also announced plans to sell the Qingdao Asset Management and Tianhong power of each of the 81% equity, December 2 announced the completion of the transaction, 3.678 billion yuan of income was recorded. Since then, the arduous task of *st Ocean 2013 to avoid delisting has finally been completed. Another loss of the Middle Sea Sheng, in the publication of the main reasons for earnings, also mentioned that in addition to cost control to reduce the low price and high fuel oil and other adverse effects, but also pointed out that the company sold to sell financial assets Merchants Securities (market, inquiry) Equity gains from investment is an important factor in the 2013-year earnings. "Based on *st Oil (600087,sh) and *st Phoenix (market, interrogation) (000520,SZ), such as the risk of a moratorium on listing risks, these shipping companies do not want to lose a continuous loss of the hat, to their future uncertainty risk", a senior shipping analyst yesterday on the " Daily economic news reporter said, especially for the listed companies have been detained St hat, how to avoid the withdrawal is to consider the top priority, which, the sale of assets has become a quick and effective way to help themselves. The person further told reporters that the profit of the listed companies of shipping companies in 2013 can be seen mainly through the sale of assets, such as the source of income to do earnings statements, the main business improvement at least to this point is not reflected, and these companies may be expected in the 2014 shipping industry can be improved.
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