Chu Kong Shipping Warns of 53%–65% Profit Drop for 2025

Reuters
Yesterday
Chu Kong Shipping Warns of 53%–65% Profit Drop for 2025

Chu Kong Shipping Enterprises (Group) Company Limited has announced that it expects to report an unaudited consolidated profit attributable to shareholders of approximately HK$41 million to HK$55 million for the year ended 31 December 2025. This represents a significant decrease of about 53% to 65% compared to the consolidated profit of approximately HK$117.03 million recorded in the previous year. The decline is primarily attributed to decreased cargo transportation and handling volumes as well as reduced performance in cross-border waterway passenger transportation.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Chu Kong Shipping Enterprises (Group) Company Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260216-12026030), on February 16, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10