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Rizhao Port Jurong Reports 2024 Financial Results with Revenue Growth and Profit Decline

Story Highlights
  • Rizhao Port Jurong’s revenue increased by 2.62% to RMB847.478 million.
  • Net profit decreased by 5.6% to RMB206.038 million, with a dividend of RMB0.030 per share declared.
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Rizhao Port Jurong Reports 2024 Financial Results with Revenue Growth and Profit Decline

Confident Investing Starts Here:

Rizhao Port Jurong Co. Ltd. Class H ( (HK:6117) ) just unveiled an update.

Rizhao Port Jurong Co., Ltd. announced its annual financial results for the year ending December 31, 2024, reporting a revenue increase of 2.62% to RMB847.478 million, although net profit attributable to shareholders decreased by 5.6% to RMB206.038 million. The company declared a final dividend of RMB0.030 per share, reflecting its commitment to returning value to shareholders despite the decline in net profit, which may impact stakeholder confidence and market positioning.

More about Rizhao Port Jurong Co. Ltd. Class H

Rizhao Port Jurong Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the port industry. The company primarily focuses on port operations and related services, serving as a crucial hub for maritime logistics and trade.

YTD Price Performance: 24.59%

Average Trading Volume: 131,108

Technical Sentiment Signal: Sell

Current Market Cap: HK$1.26B

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