Eneng Logistics (09956) rose more than 7%. As of press release, it rose 7.3% to HK$4.41, with a turnover of HK$10.612,400.
The Zhitong Finance App learned that Eneng Logistics (09956) rose by more than 7%. As of press release, it had risen 7.3% to HK$4.41, with a turnover of HK$10.612,400.
According to the news, Eneng Logistics previously announced Yingxi and achieved a pre-revenue increase of about 6% for the full year of 2023; gross profit is expected to increase by about 70% year-on-year; and net operating profit for the whole year is not less than 565 million yuan. CICC pointed out that the company announced a significant profit improvement, mainly due to the initial results of the transformation of the efficiency and quality improvement strategy, cost reduction brought about by optimization of the distribution network structure, improvements in internal lean management, and continuous optimization of the franchisee network ecosystem.
Guohai Securities pointed out that as a leading domestic franchise express company, the company is showing initial results in strategic adjustments and management improvements in the medium to short term, and is expected to benefit from the growth space brought about by the accelerated penetration of LTL in the medium to long term. The bank said that under the company's multiple measures and refined management, it has significantly reduced costs and increased efficiency. With the revenue side and cost side double click, the company is expected to achieve a high increase in performance in 2023.