SITC (01308) released its annual performance with a net profit attributable to shareholders of $1.223 billion, representing a year-on-year increase of 18.92%.
Hai Feng International (01308) released its annual performance for the year ending December 31, 2025. The group achieved a revenue of 3.412 billion US dollars, an increase of 11.56% year-on-year; shareholders' net profit for the year was 1.223 billion US dollars, an increase of 18.92% year-on-year; basic earnings per share were 0.46 US dollars. The proposed final dividend is 1.00 Hong Kong dollars per ordinary share (equivalent to 0.13 US dollars).
SITC (01308) released its annual performance for the year ending December 31, 2025. The group achieved revenue of 3.412 billion US dollars, an increase of 11.56% year-on-year; net profit attributable to shareholders was 1.223 billion US dollars, an increase of 18.92% year-on-year; basic earnings per share was 0.46 US dollars. The proposed final dividend per ordinary share is 1.00 Hong Kong dollars (equivalent to 0.13 US dollars).
According to the announcement, for the year ending December 31, 2025, the group's revenue increased by approximately 11.6% from about 3.058 billion US dollars for the year ending December 31, 2024 to about 3.412 billion US dollars for the year ending December 31, 2025. This increase was due to a 7.8% increase in container volume from 357.02 million standard containers in 2024 to 384.75 million standard containers in 2025; and an approximately 4.5% increase in average freight rates (excluding interchange fees) from 721.1 US dollars per standard container in 2024 to 753.3 US dollars per standard container in 2025.
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HK Stock Market Move | L & M CHEMICAL (00746) fell more than 9% in the afternoon, with a year-on-year decrease in revenue of nearly 5% and a final dividend of 14 Hong Kong cents.
HK Stock Market Move | KINTOR PHARMA-B (09939) rose more than 24% in the afternoon, with the unveiling of Phase III of KX-826 imminent, showing promising potential in the domestic FIC market.
Sun Hung Kai Securities: Initiate coverage of Yue Xiang Holdings (01396) with a "buy" rating and a target price of HK$10.
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