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Liaoning Port Co., Ltd. Reports Progress in Warehousing Lawsuits

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Liaoning Port Co., Ltd. Reports Progress in Warehousing Lawsuits

Elevate Your Investing Strategy:

The latest update is out from Liaoning Port Company Limited Class H ( (HK:2880) ).

Liaoning Port Company Limited has announced progress in several lawsuits related to its subsidiary, DCT Logistics Co., Ltd., involving warehousing activities. The company is a plaintiff in one case and a defendant in eight others, with a total amount of RMB1.06 billion involved. The outcomes of these cases remain uncertain as some have not reached effective judgments, potentially impacting the company’s financial results.

More about Liaoning Port Company Limited Class H

Liaoning Port Company Limited is a sino-foreign joint stock company incorporated in China, operating primarily in the logistics and warehousing industry. The company is involved in managing port operations and providing related logistics services, with a significant focus on warehousing activities through its subsidiary, DCT Logistics Co., Ltd.

Average Trading Volume: 6,457,434

Technical Sentiment Signal: Buy

Current Market Cap: HK$35.47B

See more insights into 2880 stock on TipRanks’ Stock Analysis page.

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