HK Stock Market Move | Sinotrans Limited (00598) rises over 5%; Q3 net profit attributable to shareholders up nearly 30% year on year; railway agency business volume surges
Sinotrans Limited (00598) rose over 5%. As of press time, it was up 5.63% at HK$4.505, with turnover of HK$14.5475 million.
Sinotrans Limited (00598) rose over 5%, up 5.63% as of press time to HK$4.505, with turnover of HK$14.5475 million.
On the news front, Sinotrans Limited released its 2026 third-quarter report. In the first three quarters, the company achieved operating revenue of RMB71.987 billion, down 4.07% year on year; net profit attributable to shareholders was RMB2.676 billion, down 0.12% year on year. In the third quarter alone, operating revenue was RMB25.53 billion, up 4.2% year on year; net profit attributable to shareholders was RMB951 million, up 29.9% year on year.
In the first three quarters, contract logistics volume was 35.026 million tonnes, project logistics volume was 6.399 million tonnes, and chemical logistics volume was 3.357 million tonnes. In ocean freight forwarding, the standard container volume reached 12.141 million TEUs, air freight forwarding volume was 586,000 tonnes, and railway forwarding was 566,000 TEUs, compared with 392,000 TEUs in the same period last year.
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