00636 KERRY LOG NET
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KERRY LOG NET News
China IoT: China's e-commerce logistics index in April was 113.2 points, up 0.7 points from month to month
The China E-commerce Logistics Index for April 2024, which was jointly released by the China Federation of Logistics and Purchasing and Jingdong Group (09618), was 113.2 points, up 0.7 points from month to month, rising for two consecutive months.
嘉里物流：二零二三年報
Ministry of Transport: From April 1 to April 7, the total number of goods transported by national railways was 703.17 million tons, down 3.51% from the previous month
National railways transported a total of 703.17 million tons of goods, a decrease of 3.51% over the previous month; a total of 468.26 million trucks passed on highways across the country, a decrease of 12.98% over the previous month.
China IoT: China's logistics industry sentiment index in March was 51.5%, up 4.4 percentage points from month to month
The Zhitong Finance App learned that on April 2, the China Federation of Logistics and Purchasing released the China Logistics Industry Sentiment Index for March.
China's Logistics Sector Registers Growth in First Two Months
China's logistics sector rallied in the first two months of the year, according to an industry report.
Big Bank Rating | Citibank: Raising Kerry Logistics's target price to HK$10.5 to raise earnings estimates for this year and next two years
According to a research report published by Citigroup, Kerry Logistics' profit last year was better than expected, driven by a gradual improvement in freight rates in the second half of the year. Management believes that although freight rates have declined recently, ocean freight rates should improve year by year after bottoming out in the first half of the year, and the integrated logistics business may grow moderately, driven by more projects in Hong Kong. Due to better freight prospects, the profit of the international freight forwarding business may improve significantly this year. The bank raised the Group's profit forecast for 2024 and 25 by 29%, and raised the target price from HK$8.42 to HK$10.5, maintaining a “buy” rating.
Kerry Logistics Network Appoints CEO
Kerry Logistics Network (HKG:0636) redesignated Cheung Ping Chuen Vicky as chief executive officer, effective April 1, according to a Thursday filing with the Hong Kong Stock Exchange. Cheung is an ex
Citibank: Maintaining Kerry Logistics's (00636) “Buy” Rating and Raising the Target Price to HK$10.5
Citigroup raised Kerry Logistics Group's profit forecast for 2024 and 25 by 29%.
Kerry Logistics Network's Profit Down 78% in 2023
Kerry Logistics Network (HKG:0636) recorded a 78% decline in attributable profit for the year ended Dec. 31, 2023, to HK$791 million from HK$3.58 billion during the year-ago period, a Tuesday filing o
KERRY LOG NET To Go Ex-Dividend On May 24th, 2024 With 0.13 HKD Dividend Per Share
March 27th - $KERRY LOG NET(00636.HK)$ is trading ex-dividend on May 24th, 2024. Shareholders of record on May 27th, 2024 will receive 0.13 HKD dividend per share on June 6th, 2024. The ex-dividen
Kerry Logistics (636.HK): Freight forwarding is expected to improve year over year after 24 years of divestment of Express
Divestiture of the loss-making express delivery business, focusing on international freight forwarding and integrated logistics, is expected to improve in 24-year period. Kerry Logistics announced its 23-year results: 1) Revenue fell 42.4% year over year to HK$47.41 billion; 2) Net profit returned to mother 7.9
Kerry Logistics (00636) announced annual results. Profit attributable to shareholders of HK$791 million decreased 78% year-on-year, with final interest of HK13 cents per share
Kerry Logistics (00636) announced results for the year ended December 31, 2023, and the group achieved revenue of 47...
KERRY LOG NET: Declaration of Special Interim Dividend by way of Distribution in Specie of Shares of Kerry Express (Thailand) Public Company Limited - Completion of the Distribution
KERRY LOG NET: Results for the Year Ended 31 December 2023
Express News | Dongguan Securities: Express delivery demand continues to grow, and the trend remains unchanged
Huachuang Securities: In January-February, the cumulative business volume of Tongda achieved rapid growth, and the resilience of express delivery demand was highlighted
Due to the Spring Festival peak factor, based on the January-February data, the cumulative business volume grew at a year-on-year rate: Shentong (40%) > Yunda (27%) > Yuantong (26.6%) > SF Express (4.85%). SF Express's net component volume grew 14.52% year over year.
Cheng Chi-wai sold 3.2 million common shares in the associated corporation of Kerry Logistics (00636.HK) worth approximately $17.44 million (THB)
On March 15, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 15, Cheng Chi-wai sold 3.2 million common shares of Kerry Logistics (Thailand) Public Company Limited, worth approximately $17.44 million (THB), at an average price of $5.45 (THB) per share on February 21. After the sale, Cheng Chi-wai's latest shareholding in the associated corporation was 0 shares, and the good position ratio dropped from 0.18% to 0.00%. Photo Source: Stock Exchange
Cheng Chi-wai sold 1 million common shares in the associated corporation of Kerry Logistics (00636.HK), worth approximately $5.45 million (THB)
On March 15, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 15, Cheng Chi-wai sold 1 million shares of Kerry Logistics (Thailand) Public Company Limited worth about $5.45 million (THB)) on February 20 at an average price of $5.45 (THB) per share. After the sale, Cheng Chi-wai's latest shareholding in the associated corporation was 3.2 million shares, and the good position ratio dropped from 0.24% to 0.18%. Photo Source: SEHK
Cheng Chi-wai sold 1.273,600 common shares of the associated corporation of Kerry Logistics (00636.HK), worth approximately $6.9411 million (THB)
On March 15, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on March 15, Cheng Chi-wai sold 1.273,600 common shares of Kerry Logistics (Thailand) Public Company Limited, worth approximately $6.941 million (THB), at an average price of $5.45 (THB) per share on February 15. After the sale, Cheng Chi-wai's latest shareholding in the associated corporation was 4.2 million shares, and the good position ratio dropped from 0.31% to 0.24%. pictures
DBS: Maintaining Kerry Logistics's (00636) “Buy” Rating and Lowering Target Price to HK$10.3
DBS anticipates that Kerry Logistics (00636) will be able to focus more on integrated logistics and international freight forwarding services in the future, and it is hoped that integration with SF Express will drive long-term stock price performance.
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