Singamas back in black in the first half as container demand soars

Pacific International Lines’ subsidiary Singamas Container Holdings, the world’s second largest container manufacturer, recorded a US$66.51 million profit for 1H 2021, reversing a US$5.5 million loss in 1H 2020.

Strong demand resulted in sales of 150,000 TEU of dry and ISO specialised containers in the first half, resulting in the Hong Kong-listed Singamas’ container manufacturing segment generating US$442.42 million of revenue.

While 1H 2020 container sales were not disclosed, based on the...

https://container-news.com/singamas-back-in-black-in-the-first-half-as-container-demand-soars/

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