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Qinhuangdao Port Co., Ltd. Reports Stable Profit Amid Revenue Dip in 2024

Story Highlights

Qinhuangdao Port Co., Ltd. Class H ( (HK:3369) ) just unveiled an update.

Qinhuangdao Port Co., Ltd. Class H reported its financial results for the year ending December 31, 2024, showing a revenue decrease of 2.69% to RMB6,865.3756 million, while net profit increased by 0.65% to RMB1,574.5902 million. The company also announced a final dividend of RMB0.85 per 10 shares, indicating a stable financial position despite a slight drop in revenue. The results reflect the company’s resilience and ability to maintain profitability, which could positively impact its market positioning and stakeholder confidence.

More about Qinhuangdao Port Co., Ltd. Class H

Qinhuangdao Port Co., Ltd. Class H operates in the port industry, focusing on providing port services and facilities. The company is primarily engaged in handling and managing the logistics of various goods through its port operations in China.

YTD Price Performance: 3.33%

Average Trading Volume: 97

Technical Sentiment Signal: Sell

Current Market Cap: €2.24B

For an in-depth examination of 3369 stock, go to TipRanks’ Stock Analysis page.

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