The latest update is out from LC Logistics, Inc ( (HK:2490) ).
LC Logistics, Inc. has issued a positive profit alert, projecting a significant increase in profit for the year ending December 31, 2024. The expected profit range is RMB359 million to RMB419 million, marking a 199% to 249% increase from the previous year’s RMB120 million. This growth is attributed to the company’s asset optimization and business restructuring efforts, which have improved operational efficiency and adaptability to market changes. However, the results are preliminary and unaudited, with final figures to be announced by March 31, 2025.
More about LC Logistics, Inc
LC Logistics, Inc. is a company incorporated in the Cayman Islands, operating in the logistics industry. The company focuses on asset optimization and business restructuring, particularly in investment strategy for vessel assets, to enhance operational efficiency and financial performance.
YTD Price Performance: -24.19%
Average Trading Volume: 149,354
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$5.7B
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