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SITC International Holdings Co., Ltd. ( (HK:1308) ) has shared an announcement.
SITC International Holdings Co., Ltd. reported a significant increase in revenue for the first quarter of 2025, with a 38.6% rise to approximately US$760.5 million, driven by higher average freight rates. The company’s container shipping volume also grew by 6.8% compared to the previous year, reflecting strong operational performance and positioning in the shipping industry.
More about SITC International Holdings Co., Ltd.
SITC International Holdings Co., Ltd. is a company incorporated in the Cayman Islands, primarily engaged in the container shipping industry. The company focuses on providing shipping services and operates with a network that enhances its market presence in the logistics sector.
YTD Price Performance: -10.40%
Average Trading Volume: 1,754
Technical Sentiment Signal: Sell
Current Market Cap: €6.12B
See more insights into 1308 stock on TipRanks’ Stock Analysis page.