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The latest update is out from Jinhui Holdings Co. Ltd. ( (HK:0137) ).
Jinhui Holdings Co. Ltd. has announced the disposal of a vessel through its subsidiary, with the transaction valued at US$13.2 million. The sale, classified as a major transaction under Hong Kong’s Listing Rules, involves the transfer of a Supramax vessel to New Unite Marine Co., Ltd., a company based in China. This strategic move is expected to impact the company’s financials and market positioning, as the vessel’s sale price aligns with market valuations and reflects the company’s ongoing efforts to optimize its asset portfolio.
The most recent analyst rating on (HK:0137) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Jinhui Holdings Co. Ltd. stock, see the HK:0137 Stock Forecast page.
More about Jinhui Holdings Co. Ltd.
Jinhui Holdings Co. Ltd. is primarily engaged in investment holding, with its subsidiaries focusing on international ship chartering and ship owning. The company operates within the maritime industry, providing services related to the ownership and chartering of vessels.
Average Trading Volume: 23,812
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$355.3M
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