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CSSC (Hong Kong) Shipping Expects Up to 23% Higher H1 Profit; Shares Jump 4%
CSSC Shipping opened more than 5%, and it is expected that the equity held by the owners in the first half of the year will increase by 21% to 23% year-on-year.
CSSC Shipping (03877) opened high in the morning, with a 5.48% increase in stock price, now reported at HKD 1.54 and a turnover of HKD 1.2013 million.
CSSC Shipping reports profit, with a 21% to 23% year-on-year increase in equity holding profits in the first half of the year.
CSSC Shipping (03877) announced that it is expected to see a 21% to 23% increase in equity holders' share of period profit for the first half of 2024 (unaudited) compared to the same period in 2023. The expected increase is mainly attributed to the significant increase in the group's financing leasing business and the expansion of the shipping comprehensive services business and good market performance in 2024.
CSSC (Hong Kong) Shipping: Higher Contributions From Financing Leasing Business Supported Results
CSSC (Hong Kong) Shipping Expects 1H Profit to Increase by 21% to 23% on Year
CSSC Shipping (03877) announces profit, with expected 21% to 23% year-on-year growth in equity holders' share of surplus in the first half of the year.
CSSC Shipping (03877) announced that the group is expected to hold equity rights for the period ending in the first half of 2024, with anticipated excess profits ...
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