[Hong Kong Stock Connect] COSCO Haineng (01138)'s net profit for the first quarter rose 12.76% year on year to RMB 1,236 billion
Jinwu Financial News | COSCO Haineng (01138) announced that in the first quarter of 2024, it recorded net profit attributable to shareholders of 1,236 billion yuan (RMB, same below), up 12.76% year on year; recorded revenue of 5.838 billion yuan, up 3.68% year on year; and basic earnings per share of 0.2590 yuan. During the period, the Group achieved a year-on-year increase of 8.8% in tanker capacity; 42.09 million tons of transportation volume (excluding term leases), a 2.0% year-on-year decrease; and transportation turnover (excluding term leases) of 150,003 million tonnes, an increase of 7.0% year-on-year. During the period, the Group's tanker sector achieved
Cosco Shipping Energy 1Q Rev CNY5.84B, Up 3.7% on Year >1138.HK
Cosco Shipping Energy 1Q Rev CNY5.84B, Up 3.7% on Year >1138.HK
Cosco Shipping Energy: International Oil Shipping Market Saw Strong Trend in Freight Rates for All Vessels >1138.HK
Cosco Shipping Energy: International Oil Shipping Market Saw Strong Trend in Freight Rates for All Vessels >1138.HK
中遠海能:2024年第一季度報告
Changes in Hong Kong stocks | COSCO Haineng (01138) rose more than 4%, and the first quarter results may exceed expectations, and the industry is expected to usher in a long upward cycle
COSCO Marine (01138) rose more than 4%. As of press release, it had risen 3.45% to HK$8.99, with a turnover of HK$129 million.
中遠海能:2023年度報告
Changes in Hong Kong stocks | COSCO Marine (01138) is now up nearly 4%, Xiaoma says that the increase in transportation distance is compounded by supply restrictions, and the oil transportation industry may be facing a long upward cycle
COSCO Marine (01138) is now up nearly 4%. As of press release, it has risen 3.67% to HK$8.76, with a turnover of HK$469.58 million.
Zheshang Securities: Geographical conflict intensifies freight rate fluctuations, increasing demand in emerging countries drives up demand for oil transportation
The Zhitong Finance App learned that Zheshang Securities released a research report saying that current orders are historically low, supply rigidity is determined, global inventory replenishment provides demand-side support, and increased demand from emerging Asia-Pacific countries such as China and India is driving up demand for oil transportation. The restructuring of global oil trade after the Russia-Ukraine conflict led to a significant increase in transit distances. Furthermore, against the backdrop of production cuts in the Middle East, shipments from long-distance regions such as the Gulf of America, South America, and West Africa have increased, which is expected to further drive up demand for tons and nautical miles. Continue to be optimistic about the interpretation of the oil boom cycle and recommend COSCO Haineng (600026.SH), China Merchants Shipping (601872.SH), and China Merchants Nanyou (601)
The fund's quarterly report has begun to be disclosed, and Qiu Dongrong's latest position adjustment trends have come to light
Early this morning, the quarterly report on products managed by Qiu Dongrong of Zhonggeng Fund was revealed. By the end of the first quarter of 2024, Qiu Dongrong had a total of 5 funds under management, with a total size of 19.853 billion yuan, a significant decrease from 23.782 billion yuan at the end of 2023. Specifically, Zhonggeng Value led the net redemption of 608 million copies combined with a net worth decline of 4.16% in the fourth quarter, reducing the scale by 1.63 billion yuan; the net redemption of 449 million copies compounded the net worth decline of 5.36% in the fourth quarter, shrinking the scale by 1,269 million yuan; Zhonggeng value flexible allocation, Zhonggeng value quality holding for one year, Zhonggeng Hong Kong Stock Connect
COSCO Haineng (01138.HK) plans to hold a board meeting on April 26 to approve the first quarter results
Gelonghui, April 15, 丨 COSCO Haineng (01138.HK) announced that the company is pleased to hold a board meeting on April 26, 2024 (Friday) to review and approve (including) announce the unaudited first quarter results of the company and its subsidiaries for the three months ended March 31, 2024.
COSCO SHIP ENGY: NOTIFICATION OF BOARD MEETING
Individual Investors Own 33% of COSCO SHIPPING Energy Transportation Co., Ltd. (HKG:1138) Shares but Private Companies Control 45% of the Company
Key Insights Significant control over COSCO SHIPPING Energy Transportation by private companies implies that the general public has more power to influence management and governance-related decisions
Changes in Hong Kong stocks | COSCO Haineng (01138) rose more than 4% in the first quarter, and the tariff center moved upward, and institutions are optimistic about the oil transport boom throughout the year
The Zhitong Finance App learned that COSCO HNA (01138) rose more than 4%. As of press release, it had risen 4.45% to HK$8.92, with a turnover of HK$455.28,900. According to the news, VLCC-TCE recorded 44,648 US dollars/day in the first quarter, a month-on-month increase of nearly 2 times, and a year-on-year increase of 30%. It jumped to $65,537 per day on February 16, the highest level since the second half of 2023. Haitong Futures pointed out that in the first quarter, freight rates moved upward compared to the center, and VLCC ships performed well. Looking ahead to the second quarter, Saudi Arabia will extend voluntary measures to cut oil production until the end of June this year, in conjunction with the second quarter
Changes in Hong Kong stocks | COSCO Haineng (01138) fell by more than 4%, off-season freight rates entered a rapid downward phase in the short term, and institutions are still optimistic about the central rise in freight rates during the year
The Zhitong Finance App learned that COSCO Hainan (01138) fell by more than 4%, down 4.79% at press time, to HK$8.35, with a turnover of HK$3.201 million. According to the news, a few days ago, leading shipping companies, including Maersk, Dafei, and Hapag-Lloyd, issued price increase notices one after another, announcing increases in freight rates for a number of Asian export routes. The increase was as high as $2,000, an increase of nearly 70% compared to current freight rates. The reporter interviewed a number of freight forwarding companies and learned that at present, actual prices have not risen, and even some product line prices have declined. The reason is that the current market is still in a state where supply exceeds demand.
Changes in Hong Kong stocks | COSCO Haineng (01138) rose more than 4%. The company's foreign trade oil transportation performance surged, and the freight center is expected to continue to rise this year
The Zhitong Finance App learned that COSCO Hainan (01138) rose by more than 4%. As of press release, it had risen 4.24% to HK$9.09, with a turnover of HK$95.111 million. According to the news, COSCO Haineng's turnover in 2023 was RMB 21.912 billion (same unit), up 18.02% year on year; profit attributable to equity holders of the company was 3.349 billion yuan, an increase of 129.23% year on year; it plans to pay a final dividend of 35 points per share. Furthermore, benefiting from a sharp increase in industry freight rates, COSCO Marine's foreign trade oil transportation grew strongly last year. In 2023, COSCO Haineng Foreign Trade Oil Transport achieved operating income
Gelonghui Fund Daily Report | Fu Pengbo cuts positions! Xiao Nan is new to this company
Focus on the latest fund information
Changes in Hong Kong stocks | COSCO Haineng (01138) rose more than 7%, net profit increased nearly 1.3 times year-on-year last year, institutions are optimistic that the oil transportation industry boom cycle will continue
The Zhitong Finance App learned that COSCO Marine (01138) rose more than 7%. As of press release, it had risen 7.4% to HK$8.71, with a turnover of HK$110 million. According to the news, COSCO Haineng recently announced its 2023 annual results. The group obtained a turnover of RMB 21.912 billion (same unit), an increase of 18.02% over the previous year; profit attributable to the company's equity holders was 3.349 billion yuan, an increase of 129.23% over the previous year; and plans to pay a final dividend of 35 points per share. Everbright Securities pointed out that benefiting from the continued upward trend in the industry, the company's performance improved dramatically in 23 years and maintained a high dividend ratio to give back to shareholders
Cosco Shipping Energy Transportation's Net Profit Jumps in 2023
Cosco Shipping Energy Transportation's (HKG:1138, SHA:600026) net profit jumped to 3.66 billion yuan in the full year 2023 from 1.79 billion yuan in the year prior, according to a filing made with the
COSCO SHIPPING Energy Transportation Co., Ltd. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
The analysts might have been a bit too bullish on COSCO SHIPPING Energy Transportation Co., Ltd. (HKG:1138), given that the company fell short of expectations when it released its annual results last
COSCO Haineng (01138): Proposed cash dividend of 3.50 yuan for every 10 shares
COSCO Haineng (01138) announced the 2023 annual profit distribution plan. The company plans to provide all shareholders (A shares and...
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