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Dexun’s EBIT in the first half of 2022 is 15.4 billion, with strong performance in shipping logistics

Kuehne+Nagel Group released its results for the first half of 2022 on July 25. During the period, the company achieved a net operating income of CHF 20.631 billion, a year-on-year increase of 55.4%; gross profit reached CHF 5.898 billion, a year-on-year increase of 36.3%; EBIT was CHF 2.195 billion (approximately RMB 15.414 billion), a year-on-year increase of 111.9%; current income reached CHF 1.628 billion, a year-on-year increase of 113.1%; free cash flow was CHF 1.711 billion, an increase of nearly 1.3 billion CHF; Conversion rate (EBIT/Gross profit) of 37.2%. #Custom Printing Paper Cup Fan

In the first half of 2022, despite the global challenges, Dexun Group successfully positioned its logistics service offerings strongly in the market. Dr. Detlef Trefzger, CEO of Dexun Group, said: “Uncertainty and obstacles in global supply chains will continue in 2022. The repeated epidemics in China, the conflict between Russia and Ukraine, soaring energy prices and high inflation make the business environment more challenging. .Based on the Group’s digital platform and industry solutions, as well as the tireless efforts of our employees, we are able to provide our customers with efficient and complex logistics solutions.” #Fan Cup Paper Roll

In terms of sub-sectors, in terms of maritime logistics, Dexun pointed out that the congestion situation of major ports in the first half of 2022 will continue to be tense, especially in Shanghai and Europe. The planning and execution of individual transport scenarios become relatively complex and lead to a significant increase in workload. In the first half of 2022, the volume of shipping containers was 2.162 million TEU, a year-on-year decrease of 3.4%, of which it was 1.114 million TEU in the second quarter, a year-on-year decrease of 2.5%. Ocean Logistics achieved a net operating income of CHF 9.869 billion, a year-on-year increase of 88.3%; gross profit reached CHF 1.942 billion, a year-on-year increase of 79.8%; EBIT was CHF 1.208 billion, a year-on-year increase of 139.7%; the conversion rate reached 62.2%. #Food Grade Pe Coated Paper Cup Material
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In the first half of 2022, the real-time Sea Explorer platform continued to provide marine customers with comprehensive data to optimize their supply chain. Currently, the Sea Explorer metric, which measures wait times at ports, is at a high level of 10.4 million TEU waiting days.

In terms of air freight logistics, the closure of Russian airspace and the outbreak in Shanghai have resulted in many flight rescheduling and rerouting. The operational workload in the first half of 2022 was relatively high. #Paper Cup Bottom And Wall Raw Material

In the first half of 2022, air freight volume was 1.144 million tons, a year-on-year increase of 15.8%, of which air freight volume in the second quarter was 570,000 tons, a year-on-year increase of 2.7%. The net turnover of the air logistics business reached 6.324 billion Swiss francs, a year-on-year increase of 59.1%; gross profit reached 1.613 billion Swiss francs, a year-on-year increase of 68.2%; EBIT reached 826 million Swiss francs, a year-on-year increase of 103.4%. The conversion rate was 51.2%. In the second quarter of 2022, Dexon completed the re-certification of the highly regarded Cargo iQ with a maximum rating of three stars. This standard specifies the handling of each air shipment, including the necessary actions to take if the shipment deviates from plan. In the land transportation logistics business, thanks to the full utilization of the land transportation network, the cargo volume increased significantly again in the first half of 2022. In the first half of 2022, Land Logistics achieved a net operating income of CHF 2.033 billion, a year-on-year increase of 12.4%; gross profit was CHF 684 million, a year-on-year increase of 8.6%; EBIT reached CHF 80 million, a year-on-year increase of 48.1%. #Paper Cup Fan For Making Paper Cup
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Finally, in the contract logistics sector, in the first half of 2022, the utilization rate of Dexun’s warehouses reached a high level again, and the service scope for medical care and e-commerce was further expanded. In the first half of 2022, Dexon’s contract logistics business achieved a net operating income of CHF 2.405 billion, a year-on-year increase of 7.1%; gross profit reached CHF 1.659 billion, almost the same as the same period last year; EBIT reached CHF 81 million, a year-on-year increase of 12.5 %. #Paper Cup Fan Manufacturer

For the market outlook, according to Bloomberg, global GDP growth is expected to continue to decline to 3% from 3.5% in April 2022; global inflationary pressures continue to rise driven by energy prices; insufficient infrastructure leads to inefficiencies in supply chains; Demand for programmes and high-quality services remains high. Dexun Group stated that it will continue to focus on and provide high-quality, flexible and reliable services; continue to make up for exceptionally high costs through high returns; accelerate investment in digital logistics solutions, and further capitalize on the growth momentum of the Asian market to obtain additional income. #Paper Cup Fan Rolls

Dr. Joerg Wolle, Chairman of the Board of Directors of Dossen Group, said: “Geopolitical and macroeconomic turmoil is challenging the global economy, especially the logistics industry. Even in this challenging environment, Dossun has delivered on its promise: a strategically superior A well-established group that impresses customers with innovative customer solutions based on a global, highly adaptable network. Based on this, we expect demand for high-quality services to remain stable in the second half of 2022.” #Coated Paper Jumbo Roll For Cup


Post time: Jul-27-2022