CWT International Limited ( (HK:0521) ) has issued an update.
CWT International Limited has issued a positive profit alert for the year ending December 31, 2024, anticipating a profit after taxation of at least HK$300 million, marking an increase of over 400% compared to the previous year. This significant growth is attributed to increased profitability in its logistics services and commodity marketing segments, higher interest income, and the absence of a fair value loss recorded in the prior year.
More about CWT International Limited
CWT International Limited, incorporated in Hong Kong, operates in the logistics and commodity marketing sectors. The company focuses on freight logistics, particularly Full Container Load cargo, and trades in commodities such as copper and gold concentrates.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €98.17M
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