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Liaoning Port Company Limited Class H ( (HK:2880) ) has issued an update.
Liaoning Port Co., Ltd. has announced that it has completed the accounting treatment for the deconsolidation of its subsidiary DCT Logistics Co., Ltd., in line with Chinese Accounting Standards for Business Enterprises. As a result, DCT Logistics, an indirectly wholly owned unit, is no longer included in the company’s consolidated financial statements, reflecting its ongoing bankruptcy liquidation process.
The company emphasized that DCT Logistics is an independent legal entity, indirectly held 100% through wholly owned subsidiaries, and clarified its role as the listed parent in the proceeding. The update informs investors about the progress of both the subsidiary’s bankruptcy liquidation and related litigation, signaling a formal separation of DCT Logistics’ financial results from Liaoning Port’s reported group performance.
The most recent analyst rating on (HK:2880) stock is a Hold with a HK$0.93 price target. To see the full list of analyst forecasts on Liaoning Port Company Limited Class H stock, see the HK:2880 Stock Forecast page.
More about Liaoning Port Company Limited Class H
Liaoning Port Co., Ltd. is a sino-foreign joint stock company based in Dalian, Liaoning Province, operating port and related logistics services. Listed in Hong Kong and Shanghai under stock codes 2880 and 601880, it controls various subsidiaries to support integrated port, cargo handling and logistics operations in Northeast China.
Average Trading Volume: 5,629,360
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$38.4B
For detailed information about 2880 stock, go to TipRanks’ Stock Analysis page.