01199 COSCO SHIP PORT
- 4.680
- 0.0000.00%
COSCO SHIP PORT News
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.
Spotlight | COSCO Shipping Holdings rises more than 4%, leading the shipping sector. Central banks of various countries cutting interest rates may boost international trade, multiple disturbances affecting the shipping supply side.
Shipping and ports stocks continued to rebound recently. As of the time of publication, Cosco Shipping Holdings rose by 4.58%, Sinotrans Limited rose by 4.27%, OOIL rose by 2.11%, and Sitc rose by 3.29%.
Are Investors Undervaluing COSCO SHIPPING Ports Limited (HKG:1199) By 38%?
COSCO SHIP PORT: 2024 INTERIM REPORT
Returns On Capital At COSCO SHIPPING Ports (HKG:1199) Have Stalled
Cosco Shipping Holdings (01919): Suggested providing financial support for extension.
Cosco Shipping Holdings (01919) announced that in September 2016, the company indirectly controlled its subsidiary, Cosco Ship Port...
OOIL (00316.HK) strategically invests in port business, acquiring equity of Tianjin subsidiary of COSCO Shipping Port.
On August 29, 2024, OOIL (OOCL Terminal Tianjin (B.V.I.) Limited, an indirect wholly-owned subsidiary of the company) and COSCO Ship Port (as the seller) entered into an equity transfer agreement, whereby (i) COSCO Ship Port agrees to sell, and the buyer agrees to purchase 20% of the total issued shares of the target company; and (ii) COSCO Ship Port agrees to transfer, and the buyer agrees to assume 20% of the amounts owed by the target company to COSCO Ship Port, for a total consideration.
Cosco Shipping Ports' Profit Plunges 7% in H1
COSCO Shipping Port (01199.HK) first half net profit fell by 7.4% to 0.139 billion US dollars, with an interim dividend of 12.2 Hong Kong cents per share.
On August 29, COSCO Shipping Port (01199.HK) announced its interim results. In the first half of 2024, the company's revenue increased by 3.0% YoY to $0.71 billion; gross profit increased by 2.5% YoY to $0.199 billion; net profit attributable to shareholders of the company decreased by 7.4% YoY to $0.139 billion. The directors declared an interim dividend of 12.2 Hong Kong cents per ordinary share for the first half of 2024 ending on December 31, 2024. In the first half of 2024, the total throughput increased by 8.2% YoY to 69,858,501 TEUs, of which the throughput of the controlling terminals increased by 8% YoY.
Express News | COSCO SHIPPING Ports - Deal for $49.3 Mln
Express News | COSCO SHIPPING Ports - Disposal of a Minority Interest in COSCO SHIPPING Ports (Tianjin) Limited and Assignment of Sale Loan
Cosco Shipping Ports 1H Oper Pft $120.6M Vs. $126.5M >1199.HK
Cosco Shipping Ports 1H Rev $709.8M Vs. $688.9M >1199.HK
Express News | COSCO SHIPPING Ports H1 Net Income Attributable USD 139.2 Million
Express News | COSCO SHIPPING Ports - First Interim Dividend of HK12.2 Cents per Share
COSCO SHIP PORT: 2024 INTERIM RESULTS ANNOUNCEMENT
Cosco Ship Port (01199.HK) will hold a board of directors meeting on August 29 to approve the mid-term performance.
COSCO Ship Port announced on August 16th that the company will hold a board of directors meeting on August 29th, 2024 to consider and approve the midterm performance of the company and its subsidiaries for the six months ending June 30, 2024, as well as to consider the distribution of interim dividends (if any).
中遠海運港口：召開董事會會議日期
COSCO SHIPPING Ports Limited's (HKG:1199) Stock Price Dropped 3.2% Last Week; Public Companies Would Not Be Happy
HKEX weirdness | COSCO SHIPPING Port (01199) over 3% increase, Panama Canal once again raised ship traffic, company's throughput in Q1 increased year-on-year.
Cosco ship port (01199) rose more than 3%, as of the time of publication, it increased by 3.49% to HKD 4.74, with a turnover of HKD 10.6482 million.
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