01442 INFINITY L&T
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INFINITY L&T News
鷹輝物流：2023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.
Yinghui Logistics (01442.HK)'s revenue in 2023 was about RM370 million, up about 4.0% year-on-year
Gelonghui, March 25 | Yinghui Logistics (01442.HK) announced that for the year ended December 31, 2023, the Group recorded revenue of about RM370 million, an increase of about 4.0% over the same period last year. The Group's gross margin decreased from approximately 21.5% for the year ended 31 December 2022 to approximately 18.6% for the year ended 31 December 2023. The Group recorded a net profit of approximately RM18.379 million (2022: approximately RM35.882 million). Shareholders of the company should have earned RM0.89 cents per share. The Group recorded revenue by providing the following: (i)
INFINITY L&T: FINAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2023
Yinghui Logistics (01442): Yang Kaien will retire as independent non-executive director
Yinghui Logistics (01442) issued an announcement that Ms. Yang Kaien, an independent non-executive director, must attend the company's recent annual general meeting of shareholders...
Yinghui Logistics (01442.HK) will hold a board meeting on March 25 to approve the final results
Gelonghui, March 13, 丨 Yinghui Logistics (01442.HK) announced that the company will hold a board meeting on March 25, 2024 to consider and approve the publication of the final results of the company and its subsidiaries for the year ended 31 December 2023, and to consider the proposed payment of a final dividend (if any).
INFINITY L&T: DATE OF BOARD MEETING
Infinity Logistics and Transport Ventures Forecasts Up to 55% Drop in 2023 Profit
Infinity Logistics and Transport Ventures (HKG:1442) expects a 45% to 55% decline in attributable profit for the year 2023, from 36 million yuan it recorded in 2022, the logistic services provider sai
Yinghui Logistics (01442.HK) Profit Alert: Annual profit attributable to owners is expected to be reduced by about 45% to 55%
On March 12, GLONGHUI LOGISTICS (01442.HK) issued an announcement. Compared with the profit attributable to company owners about RM36,000,000 in the previous year, the profit attributable to company owners is expected to decrease by about 45% to 55% for the year ended December 31, 2023. The expected reduction in profit attributable to company owners is mainly due to (i) the increase in the cost of sold services and goods (especially depreciation and employee costs), which led to a decrease in the Group's gross profit and gross margin for the current year despite a slight increase in the Group's earnings compared to the previous year; and (ii) provided by the Malaysian Investment Development Board during the year
INFINITY L&T: PROFIT WARNING
Shipping giant Maersk warns that Red Sea disruptions may continue until the second half of the year
The Red Sea was interrupted or will continue, and Maersk increased its capacity by about 6% to offset the effects of delays...
Is the express delivery industry starting to “roll up” work? The rapid rise in the number of outlets after the Spring Festival is expected to continue until the Lantern Festival
① The reporter visited express delivery company outlets and learned that the express delivery industry resumed work and production this year faster than in previous years, and the volume returned to normal at the beginning of the 7th and 8th; ② Many express delivery companies, such as Shentong Express and Yuantong Express, introduced various subsidy policies to promote the return of couriers to work. Many outlets of Shentong Express and Zhongtong Express have reached 100%; ③ Express delivery volume is expected to continue to rise on the eve of the Lantern Festival, slowly returning to normal levels after the Lantern Festival.
China IoT: The country's total social logistics volume in 2023 was 352.4 trillion yuan, up 5.2% year-on-year
On February 7, the China Federation of Logistics and Purchasing released an analysis of logistics operations in 2023.
Red Sea Crisis Seen Boosting Air Freight Rates as China Factory Holiday Looms
GLOBAL air freight rates have climbed for the first time in seven weeks ahead of Asia’s Chinese New Year factory closures and as attacks on Red Sea shipping prompt companies to secure costlier air cargo space.
Intraday Overview | The Hang Seng Index rose slightly, most auto stocks and digital currency concept stocks fell, and Meitu fell more than 11%
Most Technology Network stocks rose; Tencent, Meituan, Baidu, and NetEase rose more than 1%; shipping stocks rose collectively, with Haifeng International rising nearly 3% and COSCO Maritime Control rising more than 2%; sporting goods stocks were active, with Li Ning rising more than 3% and Anta rising by more than 2%.
Parcel Delivery Sees Booming Growth
China's parcel delivery sector aims to handle a record 14.25 billion consignments this year, said a senior official with the national agency governing the industry.
China IoT: China's logistics industry sentiment index in December was 53.5%, up 0.2 percentage points from month to month
The logistics industry sentiment index for December 2023 shows that the total volume of logistics business is growing steadily, with a steady, moderate and positive trend throughout the year.
Infinity Logistics and Transport Ventures' Unit Acquires Singaporean Freight Transportation Company for $3.6 Million
Infinity Logistics and Transport Ventures' (HKG:1442) unit, Supply Stream Management, agreed to acquire Flexitank Solutions for a consideration of $3.6 million. The Singaporean goods and freight trans
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