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Express News | CSSC Hong Kong Shipping - Total Estimated Charterhire to Be Payable by Charterer of USD118.2 Mln
Express News | CSSC Hong Kong Shipping - Vessels Involved Are Two 1,800 Teu Second-Hand Container Vessels
CSSC SHIPPING (03877.HK) was granted a loan of up to 0.8 billion yuan.
Glory Capital reported on April 8 that CSSC SHIPPING (03877.HK) announced that on April 8, 2025, the company (as the borrower) entered into a working capital loan agreement with a bank (as the lender), whereby the lender has agreed to grant the borrower a loan of up to 0.8 billion yuan to provide financing for the borrower's cash flow. The loan is due 12 months from the date of utilization.
Express News | CSSC Hong Kong Shipping - Co to Borrow RMB800 Mln
Little Excitement Around CSSC (Hong Kong) Shipping Company Limited's (HKG:3877) Earnings
CSSC SHIPPING (3877.HK): Cutting through the waves, performance Indicators set new records.
In 2024, the shipping market showed a pattern of high opening and low closing, accompanied by the Russia-Ukraine conflict, the situation in the Red Sea, and the uncertainties brought about by Trump's victory for the global trade outlook, with the characteristics of long-distance and inefficiency in the shipping market becoming increasingly prominent. Against the backdrop of rising fluctuations in the global shipping market, CSSC SHIPPING, through its core strategy of "counter-cyclical layout + pro-cyclical operation," has pushed several performance indicators to new highs. The Earnings Reports indicate that in 2024, the company achieved revenue of 4.034 billion Hong Kong dollars for the whole year, a year-on-year increase of 11.3%; net income reached 2.155 billion Hong Kong dollars, a year-on-year increase of 12.7%, with the growth rate of both core indicators remaining steady.
