COSCO Pacific held 2013 interim results press conference in Hong Kong on 27th August 2013. The press conference was presided over by Mr. Wang Xingru, Vice Chairman and Managing Director, senior management of the Company attended the meeting included Dr. Wong Tin Yau, Executive Director and Deputy General Manager, Mr. Chan Hang, Deputy Managing Director, Mr. Lui Sai Kit, Financial Controller and Mr. Ding Weiming, Deputy Financial Controller.

In the first half of 2013, the Group maintained a stable growth in the total container throughput of its terminals.  However, the terminal business recorded a decrease in profit as a result of rising costs.  In respect of the container leasing business, the expansion of its container leasing fleet continued to drive growth in revenue and profit from container leasing. During the period, Revenue was US$395,195,000, rose by 7.6%.  Profit attributable to equity holders of the Company rose by 213.1% to US$560,292,000.  Excluding the share of profit from CIMC, a discontinued business, and a net gain on the disposal of its equity interest in CIMC, profit attributable to equity holders of the Company dropped by 3.6% to US$143,822,000. The board of directors declared interim dividend is HK18.6 cents per share and special interim dividend of HK43.8 cents per share as a result of the disposal of 21.8% equity interest in CIMC were declared.  The dividends will be paid in cash and with a scrip dividend alternative. Dividend payout ratio maintained at 40.0%.  

About 25 media representatives attended the press conference, including major local newspapers, radio stations and international financial news agencies.