“Can't grab the box at all!” Is the Red Sea orbiting effect showing another wave of cabin shortages in the shipping market?
“The freight rate has started to rise again, and I can't grab the box at all!” The head of a freight forwarder company told the Financial Federation reporter that the “lack of a box” this time was essentially a lack of space.
ASIA ENERGY LOG: Annual Report 2023
Asia Energy Logistics Returns to 2023 Profit
Asia Energy Logistics (HKG:0351) recorded an attributable profit of HK$12.7 million for the year 2023, as compared to an attributable loss of HK$56.7 million in 2022, a Friday filing on the Hong Kong
Asia Energy Logistics (00351) announced annual results. Profit attributable to shareholders of HK$126.76 million turned a year-on-year loss into a profit
Asia Energy Logistics (00351) announced its annual results for the year ended December 31, 2023. The group achieved revenue of HK$144 million, up 34.84% year on year; gross profit of HK$52,841 million, up 180.95% year on year; profit attributable to company owners was HK$126.76 million, with a loss of HK$56.64 million in the same period last year; and profit of HK$0.66 per share.
ASIA ENERGY LOG: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Asia Energy Logistics Forecasts Return to Profit in 2023
Asia Energy Logistics (HKG:0351) expects a net profit of around HK$12 million for the year ended Dec. 31, 2023, recovering from a net loss of HK$58.9 million in 2022. The shipping and logistics compan
Asia Energy Logistics (00351.HK) expects net profit of around HK$12 million in 2023
On February 21, GLONGHUI Asia Energy Logistics (00351.HK) announced that the Group expects to record a net profit of approximately HK$12 million for the year ended 31 December 2023, while a net loss of approximately HK$58.9 million compared to the year ended 31 December 2022. The changes are mainly due to i) an increase in chartering revenue and ii) a change in the fair value of financial assets that account for profit and loss at fair value.
Asia Energy Logistics (00351.HK) plans to hold a board meeting on March 15 to approve annual results
Gelonghui, Feb. 21 | Asia Energy Logistics (00351.HK) announced that the board meeting will be held on March 15, 2024 (Friday) to approve (among other things) the annual results of the company and its subsidiaries for the year ended 31 December 2023, and to consider the payment of a final dividend (if any).
China's Shipbuilding Sector Output Rises 12% in January-November
Output from China's shipbuilding industry increased 12.3% year over year to 38.1 million deadweight tons in the January-November period, according to data from the country's industry and information technology ministry released Dec. 14.
Asia Energy Logistics Terminates HK$100 Million Acquisition of Social Networking Platform
Asia Energy Logistics (HKG:0351) terminated an agreement to buy a 100% stake in Tinytiger Internet Technology, the operator of the social networking platform HOO World. The parties decided not to proc
ASIA ENERGY LOG: Interim Report 2023
[Stock Exchange Amendment] Asia Energy Logistics (00351.HK) received an additional 344 million shares of common stock from Jetport Development Limited from OTC, worth approximately HK$69.5773 million
On August 23, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on August 23, Jetport Development Limited increased its OTC shares of Asia Energy Logistics (00351.HK) by $344 million at an average price of HK$0.202 per share on May 5, worth about HK$69.5773 million. After the increase in holdings, the latest number of shares held by Jetport Development Limited was 344 million shares, and the ratio of good positions rose from 0.00% to 17.26%. Additional information: Revision o
Asia Energy Logistics Swings to Profit for H1
Asia Energy Logistics Group (HKG:0351) recorded a profit attributable to owners of HK$151,000 for the first half, swinging from the attributable loss of HK$32 million a year earlier. Earnings per shar
Asia Energy Logistics (00351) announced interim results, with a profit of HK$65,000 turning a year-on-year loss into a profit
According to the Zhitong Finance App, Asia Energy Logistics (00351) announced results for the first half of 2023. The company achieved a year-on-year increase in revenue of about 123% to HK$78.098 million, a profit of HK$65,000, compared to a loss of HK$32.928 million in the same period last year, with basic and diluted earnings of HK0.01 cents per share. According to the announcement, the performance improvement was mainly due to increased revenue; ships' operating costs had returned to normal levels when the COVID-19 epidemic was brought under control; and changes in the fair value of financial assets that included profit and loss at fair values.
ASIA ENERGY LOG: ANNOUNCEMENT OF INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2023
Asia Energy Logistics (00351.HK) will hold a board meeting on August 4 to approve interim results
Gronway, July 24, 丨Asia Energy Logistics (00351.HK) announced that the company's board meeting will be held on August 4, 2023 (Friday) to approve (among others) the interim results of the company and its subsidiaries for the six months ended June 30, 2023, and consider paying interim dividends (if any).
ASIA ENERGY LOG: DATE OF BOARD MEETING
Express News | Orders are full, and industry insiders judge that the shipbuilding industry will start a new upward cycle
12 consecutive declines! The decline in BDI was the biggest in 4 months, and shipping companies are preparing to “survive the winter”
At the beginning of 2022, due to high demand for shipping combined with tight capacity, containers were “hard to find”. However, this year, there was a sharp reversal in supply and demand in the international shipping market, and international shipping prices plummeted. According to data from May 26, the Baltic Sea Dry Bulk Index fell 3.54%, falling 12 times in a row to 1,172 points. That week's decline was the biggest in 4 months. According to the World Container Composite Index recently released by international shipping data agency Deluri, the current shipping price index has fallen to the level close to 2019. “The downward pressure on the global economy is strong, overall demand is weak. Coupled with geopolitical conflicts, overall shipping costs
Yuet Pang Bought 31% More Shares In Asia Energy Logistics Group \
Those following along with Asia Energy Logistics Group Limited (HKG:351) will no doubt be intrigued by the recent purchase of shares by Yuet Pang, Executive Chairman of the company, who spent a stonki
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