SITC (01308) announced its annual performance, with a net profit attributable to shareholders of $1.028 billion, representing a year-on-year growth of 93.51%.

SITC (01308) announced its annual performance for the year ending December 31, 2024, with revenue of approximately $3.058 billion, an increase of about 25.9% year-on-year; gross profit of approximately $1.143 billion, an increase of about 83.4% year-on-year, with gross profit margin increasing from approximately 25.7% in 2023 to about 37.4% in 2024; net profit attributable to shareholders was $1.028 billion, a growth of 93.51%; basic earnings per share were $0.39; proposed final dividend of HK$1.40 per share. It is reported that the increase in revenue was attributed to a 10.7% increase in container volume from 3,224,498 standard containers in 2023 to 3,570,184 standard containers in 2024; and the average freight rate (excluding revenue from interchange fees) increased by approximately 15.7% from $623.3 per standard container in 2023 to $721.1 per standard container in 2024.