COSCO’s positive economic results in Piraeus

COSCOPiraeus Container Terminal (PCT SA) is continuously playing a critical role for the increase of COSCO’s revenue. COSCO’s economic results for the first half of 2014 are characteristic. According to the company’s press release, Piraeus Container Terminal’s profits increased by 21.9% and reached $15,073 million. The relevant amount for the same period of last year was $12,369 million. Additionally, the turnover increased by 24.7% to $91.459 million while last year’s amount was $73.330 million.

Furthermore, the total turnover of COSCO increased by 11.4% in the first half of 2014, and amounted to $440.158 million. Dollars. Its revenue from terminals it operates increased by 18.9% to $258.082 million. Profits from rental services, management and container sales increased by 2.1% and reached $184.107 million.