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The latest update is out from SITC International Holdings Co., Ltd. ( (HK:1308) ).
SITC International Holdings Co., Ltd. announced a significant increase in its financial performance for the first half of 2025, with revenue rising by 28% to approximately US$1,664.5 million compared to the same period in 2024. The company’s gross profit surged by 66.3%, leading to a gross profit margin increase to 40.2%. Profit for the period also saw a substantial rise of 79.5%, reaching approximately US$633.4 million. The company declared an interim dividend of HK$1.30 per share, reflecting its strong financial health and commitment to returning value to shareholders.
The most recent analyst rating on (HK:1308) stock is a Hold with a HK$25.00 price target. To see the full list of analyst forecasts on SITC International Holdings Co., Ltd. stock, see the HK:1308 Stock Forecast page.
More about SITC International Holdings Co., Ltd.
SITC International Holdings Co., Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the shipping and logistics industry. The company, along with its subsidiaries, focuses on providing integrated transportation and logistics solutions across various markets.
Average Trading Volume: 4,478,485
Technical Sentiment Signal: Buy
Current Market Cap: HK$72.9B
See more insights into 1308 stock on TipRanks’ Stock Analysis page.
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