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China Merchants Port Holdings Reports Strong Financial Growth in 2024

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China Merchants Port Holdings Reports Strong Financial Growth in 2024

China Merchants Port Holdings Co ( (HK:0144) ) has provided an update.

China Merchants Port Holdings Company Limited reported a 6.0% increase in container throughput and a slight 0.3% rise in bulk cargo throughput for 2024. The company’s profit attributable to equity holders rose by 27.0%, reaching HK$7,919 million, with a notable increase in recurrent profit from port operations. Basic earnings per share increased by 23.1%, and a final dividend of HK$0.636 per share was declared, reflecting the company’s robust financial performance and positive outlook for stakeholders.

More about China Merchants Port Holdings Co

China Merchants Port Holdings Company Limited, incorporated in Hong Kong, operates in the port industry, focusing on container and bulk cargo handling. It is a significant player in the logistics and transportation sector, with a strong market presence in Asia.

YTD Price Performance: 7.48%

Average Trading Volume: 966

Technical Sentiment Signal: Sell

Current Market Cap: $7.19B

For a thorough assessment of 0144 stock, go to TipRanks’ Stock Analysis page.

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