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Should You Investigate Shanghai Zhonggu Logistics Co., Ltd. (SHSE:603565) At CN¥8.11?
Returns On Capital At Shanghai Zhonggu Logistics (SHSE:603565) Paint A Concerning Picture
Zhonggu Logistics to Sell Ships for Up to $120 Million
Shanghai Zhonggu Logistics (603565.SH): plans to sell 2 container ships.
On June 11th, Gelunhui reported that Shanghai Zhonggu Logistics (603565.SH) plans to sell two container ships with an estimated total selling price of $112-120 million. As of June 2024, the book value of the ships to be sold is RMB 431 million, accounting for 4.02% of the company's latest audited equity attributable to shareholders of the parent company.
Express News | Shanghai Zhonggu Logistics Says It Plans to Sell Two Container Ships With Estimated Prices of $112-120 Mln
TF Securities Starts Shanghai Zhonggu Logistics at Buy With AU$12.40 Yuan Price Target
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