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CHU KONG SHIP: 2024 ANNUAL REPORT
Announcement Highlights | Kuaishou's adjusted Net income in Q4 increased by 7.8% year-on-year, and the total revenue of Keliang AI exceeded 0.1 billion yuan; CHINA TELECOM will earn 33 billion yuan in net income in 2024.
CHINA TELECOM's net income in 2024 is 33 billion yuan; WULING MOTORS' net income attributable to shareholders is expected to increase by over 115% in 2024; Kuaishou's net income in 2024 is 15.335 billion yuan, an increase of 139.76% year-on-year.
CHU KONG SHIP (00560.HK) reported an annual net profit attributable to shareholders of 0.117 billion HKD, an increase of 2.6% year-on-year.
According to the announcement from CHU KONG SHIP (00560.HK) on March 25, as of the fiscal year ending December 31, 2024, the group recorded a consolidated turnover of HKD 2.716 billion, an increase of 6.4% compared to last year; the profit attributable to shareholders was HKD 0.117 billion, up 2.6% from last year. The Board of Directors has proposed a final dividend of 4 Hong Kong cents per share for ordinary shares (2023: 5 Hong Kong cents).
CHU KONG SHIP: ANNOUNCEMENT OF 2024 ANNUAL RESULTS
Chu Kong Shipping to Form JV for Port Logistics Business in China's Shaoguan City
CHU KONG SHIP (00560.HK) has established a joint venture with Baowu Group Central South Steel to jointly invest in the construction and Operation of Longtouzhai Wharf.
On March 3, Gelonghui reported that CHU KONG SHIP (00560.HK) announced that on March 3, 2025, the company signed a joint venture agreement with its partner Baowu Group South China Steel Co., Ltd. According to the terms of the joint venture agreement, the registered capital of the joint venture company is 0.34 billion yuan. The parties agree to establish a joint venture company primarily to invest and develop the Longtouzhai Wharf in Shaoguan City to engage in comprehensive Logistics business focusing on the transportation and wharf handling of iron ore, Steel, and construction materials. The proposed name of the joint venture company is Shaoguan Longtou Port Service Co., Ltd., but it must wait for approval from the relevant Chinese government agencies before it can be used.
