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The latest update is out from CSSC (Hong Kong) Shipping Company Limited ( (HK:3877) ).
CSSC (Hong Kong) Shipping Company Limited reported its audited consolidated annual results for the year ended 31 December 2024, showing a revenue increase of 11.3% to HK$4,034,369,000 and a profit for the year of HK$2,155,143,000, up 12.7% from the previous year. The company’s financial position strengthened with a total equity increase of 11.4%, while its asset-liability ratio improved to 67.5%, indicating enhanced financial stability and operational efficiency.
More about CSSC (Hong Kong) Shipping Company Limited
CSSC (Hong Kong) Shipping Company Limited operates in the shipping and leasing industry, providing shipping services and financial leasing solutions. The company focuses on offering comprehensive leasing services to support the maritime sector.
YTD Price Performance: -3.50%
Technical Sentiment Signal: Sell
Current Market Cap: €1.28B
See more insights into 3877 stock on TipRanks’ Stock Analysis page.