SINOTRANS Shares Surge Nearly 7 Percent as Q3 Net Profit Jumps 29.9 Percent to 951 Million Yuan

Deep News
Oct 28

Shares of SINOTRANS (HKEX: 00598) climbed nearly 7% in morning trading, rising 6.80% as of press time to HK$4.555, with a turnover of HK$18.55789 million.

Sinotrans Limited released its 2026 third-quarter report, showing that the company achieved operating revenue of 71.987 billion yuan in the first three quarters, a year-on-year decrease of 4.07%; net profit attributable to shareholders of the parent company was 2.676 billion yuan, a year-on-year decrease of 0.12%.

In the third quarter alone, the company's operating revenue reached 25.53 billion yuan, up 4.2% year-on-year; net profit attributable to shareholders of the parent company came in at 951 million yuan, up 29.9% year-on-year.

In the first three quarters, contract logistics volume reached 35.026 million tonnes, project logistics volume was 6.399 million tonnes, and chemical logistics volume amounted to 3.357 million tonnes.

On the shipping agency side, the standard container volume handled through shipping agency reached 12.141 million TEUs, air freight agency volume stood at 586,000 tonnes, and railway agency volume was 566,000 TEUs, compared with 392,000 TEUs in the same period last year.

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