Cabin Logistics (02490) once rose 17% to a record high of HK$32.45, and its stock price has soared 4.8 times during the year. As of press release, it rose 11.41% to HK$30.75, with a turnover of HK$5.5622 million.
The Zhitong Finance App learned that at one point, Lecin Logistics (02490) rose 17% to a record high of HK$32.45, and its stock price had already skyrocketed 4.8 times during the year. As of press release, it rose 11.41% to HK$30.75, with a turnover of HK$5.5622 million.
According to reports, Levin Logistics is an integrated cross-border shipping logistics service provider in China. Its services have covered the main aspects of the cross-border logistics process. The company has two main business lines: cross-border shipping services and ship leasing business. In the first half of this year, a turnaround in the international shipping industry was transmitted to the stock price of LEXIN Logistics. The Shanghai Export Container Settlement Freight Index (European routes) hit a new high during the year on the 1st. It has been rising for 10 consecutive weeks, with a cumulative increase of 151%.
It is worth noting that the total concentration of shares in LEXIN Logistics is extremely high, and the Xu Xin family holds 55.85% of the total shares in LEXIN Logistics. Furthermore, the company's performance is unspeakably optimistic. The 2023 financial report of Lecin Logistics shows that it achieved revenue of 1,238 billion yuan (RMB, same below) during the reporting period, a year-on-year decrease of 73.12%; profit attributable to parent company owners was 119 million yuan, a year-on-year decrease of 68.79%; and profit per share was 0.45 yuan.