Major bank rating | JPMorgan: Industry forecasts show that future shipping demand will slow down in the coming months, lowering Orient Overseas target price to HK$166.

According to the industry forecast, the demand is expected to slow down in the coming months, but it is anticipated that freight rates in the fourth quarter will not have a significant adjustment. Looking ahead to 2025, the industry's supply and demand imbalance situation may improve.

Gelonghui FinanceSep 26 01:37 ET

JINHUI HOLDINGS: Interim Report 2024

HKEXSep 12 04:46 ET · Announcements

Jinhui Holdings Plans Acquisition of New Vessels

TipRanksAug 30 05:18 ET

Jinhui Holdings Posts Strong Mid-Year Earnings

TipRanksAug 29 06:11 ET

jinhui holdings (00137.HK) turned losses into profits in the first half of the year to 28.117 million Hong Kong dollars

On August 29th, jinhui holdings (00137.HK) announced its interim performance. For the six months ending June 30, 2024, the group's revenue was HKD 0.539 billion, an increase of 86% compared to HKD 0.29 billion in the same period of 2023. The group recorded a net comprehensive surplus of HKD 66.9 million during the period, compared to a net comprehensive loss of HKD 1.62 billion in the first half of 2023. The basic earnings per share were HKD 0.053. In the first half of 2024, the average daily relative period charter hire of the fleet increased by 66% to $13,939, compared to the same period in 2023.

Gelonghui FinanceAug 29 05:45 ET

Express News | Jinhui Holdings H1 Basic EPS HKD 0.053

ReutersAug 29 05:37 ET