CIMC Achieves Record Profit in 2024

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China International Marine Containers (CIMC) reported impressive financial growth in 2024, with a 35.58% increase in revenue, reaching RMB 128.97 billion. Net profit surged by 268.87% to RMB 1.83 billion, driven by strong demand across multiple sectors, reports Container News.

The container manufacturing segment saw a 421.78% rise in standard dry container sales, fueled by increased global trade and supply chain disruptions. Offshore engineering also performed well, with new orders reaching a record USD 3.25 billion. Meanwhile, logistics services and energy solutions expanded into new markets, boosting overall profitability.

Despite a slight decline in road vehicle sales, CIMC maintained its market leadership. The company’s success underscores its ability to adapt to global challenges and seize emerging opportunities in logistics, transportation, and energy industries.

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Source: Container News