Eneng Logistics (09956) rose more than 10% after the results. As of press release, it rose 10.32% to HK$5.13, with a turnover of HK$10.977,400.
The Zhitong Finance App learned that Eneng Logistics (09956) rose more than 10% after the results. As of press release, it had risen 10.32% to HK$5.13, with a turnover of HK$10.9774 million.
According to the news, Eneng Logistics announced its annual results. The group achieved revenue of RMB 9,917 billion during the period, an increase of 6.2% over the previous year; the owner of the parent company should account for profit of 392 million yuan, turning a loss into a profit over the previous year. According to the announcement, in 2023, the company's total cargo volume reached 12 million tons; gross profit increased 73.6% over the previous year to 1,268 billion yuan.
Dongguan Securities pointed out that the trend of continuous growth in express delivery demand will not change. After the implementation of the “New Express Delivery Regulations”, it is expected that e-commerce express delivery leaders will actively integrate internal skills and improve services. It is expected that there will be no possibility of a large-scale price war in the industry in the short term. The valuation of express delivery stocks has clearly rebounded since 2024, and it is recommended to pay more attention to the effects of leading leaders' active reforms.