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The latest announcement is out from SITC International Holdings Co., Ltd. ( (HK:1308) ).
SITC International Holdings has issued a positive profit alert, indicating that unaudited profit attributable to shareholders for the year ended 31 December 2025 is expected to rise to between US$1,200 million and US$1,230 million, an increase of about 16% to 18.9% compared with 2024. The company reported container shipping volume of approximately 3.85 million TEUs in 2025, up 7.8% year on year, while its average freight rate reached about US$753 per TEU, a 4.4% increase, which management attributes to stable expansion of the Asian market and its positioning as a quality service provider; the final audited results will be released in March 2026 and investors are urged to exercise caution when trading the company’s securities until then.
The most recent analyst rating on (HK:1308) stock is a Hold with a HK$30.00 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 Company Limited is a Hong Kong-listed integrated shipping and logistics group focused on container transportation and related services, with a strong presence in the Asian market. The company positions itself as a quality service provider in regional container shipping, leveraging stable market expansion in Asia to drive its volume growth and freight rate performance.
Average Trading Volume: 4,777,923
Technical Sentiment Signal: Buy
Current Market Cap: HK$73.82B
Learn more about 1308 stock on TipRanks’ Stock Analysis page.