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CIMC Forecasts Strong Profit Growth in 2024
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CIMC Forecasts Strong Profit Growth in 2024

China International Marine Containers (Group) Co., Ltd Class H (HK:2039) has released an update.

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China International Marine Containers (Group) Co., Ltd. anticipates a significant jump in its consolidated net profit for the first half of 2024, projecting an increase of 76% to 138% from the same period last year. This financial surge is attributed to robust demand for container transport and improved container manufacturing business revenues, alongside a flexible foreign exchange hedging strategy. However, the company also expects a decline in its net profit after deducting non-recurring profits or losses compared to the previous year.

For further insights into HK:2039 stock, check out TipRanks’ Stock Analysis page.

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