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The latest update is out from Orient Overseas (International) ( (HK:0316) ).
Orient Overseas (International) Limited has issued a supplemental announcement regarding its 2024 Annual Report, specifically addressing significant related party transactions. The company clarified that while some terminal charges with related parties did not constitute connected transactions, other transactions with COSCO SHIPPING Group and related entities were connected transactions, complying with disclosure requirements under the Listing Rules. This announcement does not alter any other information in the 2024 Annual Report.
The most recent analyst rating on (HK:0316) stock is a Buy with a HK$166.00 price target. To see the full list of analyst forecasts on Orient Overseas (International) stock, see the HK:0316 Stock Forecast page.
More about Orient Overseas (International)
Orient Overseas (International) Limited is a company incorporated in Bermuda, operating in the shipping and logistics industry. The company is involved in providing shipping services and related logistics solutions, focusing on international trade and transportation.
Average Trading Volume: 1,621,763
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$90.6B
Learn more about 0316 stock on TipRanks’ Stock Analysis page.