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Hits:Updated:2022-02-26 14:02:36【Print】
Matson released its full-year financial results for 2021. During the period, the company achieved operating income of $3.9253 billion and net profit of $927.4 million.
Among them, in the fourth quarter of last year, the revenue was US$1.267 billion and the net profit was US$394.5 million.
Matt Cox, CEO of Matson Shipping, said: "Strong growth in shipping and logistics contributed to the company's strong closing. Matson Shipping attributed the surge in performance to the surge in demand for China's trade services. In shipping, with e-commerce, Trading volumes for apparel and other commodities continue to rise, and customers in the Chinese market continue to have huge demand for its expedited ocean freight services."
In addition, Matt Cox also predicted, “Supply chain congestion remains a current problem on the trans-Pacific trade lane due to continued rising consumption trends, domestic supply chain constraints and inventory replenishment in the United States, and we expect these conditions to be at least during the peak season of October 2022. remain unchanged, so the liner company's operating profit will not weaken in 2022, and Matson will still increase its services to Chinese exporters in the coming year."
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