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Jinhui Holdings Announces Vessel Disposal in Strategic Fleet Management Move

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Jinhui Holdings Announces Vessel Disposal in Strategic Fleet Management Move

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An update from Jinhui Holdings Co. Ltd. ( (HK:0137) ) is now available.

Jinhui Holdings Co. Ltd. has announced the disposal of a vessel, a Supramax with a deadweight of 56,952 metric tonnes, for US$10,225,000. This transaction, classified as a discloseable transaction under Hong Kong’s Listing Rules, is expected to be completed between July 15 and August 15, 2025. The sale price was determined through market analysis and negotiations, with the vessel’s appraised value closely aligning with the final consideration. This disposal is part of the company’s strategic management of its fleet, potentially impacting its operational focus and financial standing.

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, emphasizing the management and ownership of vessels.

Average Trading Volume: 139,840

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$339.4M

For detailed information about 0137 stock, go to TipRanks’ Stock Analysis page.

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