Oriental Pearl

Chu Kong Shipping Announces 2023 Annual Results, Profit Attributable to Equity Holders of the Company Increases by 22.0% year on year to HK$114.1 Million

Retrieved on: 
Monday, March 25, 2024
Tongcheng, CKPT, Belt, Government, Sun Ferry, The Company, Oriental Pearl, Growth, MIC, Government of Hong Kong, HK4, COVID-19, ESG, Dislocation, Travel, TEU, Going Out, International airport, Lead, Transport, Seemabaddha, Tuen Mun, HKSAR, Social, Tourism, HK2, Cosmetics, Marketing

During the Year, the Group's terminal navigation logistics business progressed well, with continuous improvement in the cargoes transportation volume.

Key Points: 
  • During the Year, the Group's terminal navigation logistics business progressed well, with continuous improvement in the cargoes transportation volume.
  • Profit for the Year increased by 13.5% year-on-year to HK$122.6 million (2022: HK$108.0 million), while profit attributable to equity holders of the Company amounted to HK$114.1 million (2022: HK$93.5 million), representing an increase of 22.0% as compared to the same period last year.
  • The volume of break bulk cargoes transportation for the Year was 1,143,000 tons, representing a year-on-year significant increase of 68.6%.
  • CKTL has also successfully won the bid for a sand supply for certain phases of the Hong Kong International Airport construction project.

Wine & Spirits Fair showcases drinks from across the globe

Retrieved on: 
Tuesday, October 24, 2023
Elixir, Knowledge, Convention center, US, Equipment, Fermentation, CC, Wine and Spirits Fair Dealing Act, COVID-19, Gold, Oriental Pearl, Friends, Cathay, HKTVMall, Valtice Wine Market, Asia Petrochemical Industry Conference, HK, Hong Kong Trade Development Council Trade Fairs, United Kingdom, Conference, Growth, Hong Kong International Wine & Spirits Fair, Public, Drink, Fair, Palate, Timable, HKTDC, Honey, HK01, Snack, Property management, Liquor, Ironworks, Beer, Wine

The HKTDC's Deputy Executive Director Sophia Chong said the 15th Wine and Spirits fair will bring together more than 500 exhibitors from 17 countries and regions.

Key Points: 
  • The HKTDC's Deputy Executive Director Sophia Chong said the 15th Wine and Spirits fair will bring together more than 500 exhibitors from 17 countries and regions.
  • As an elite global trading platform for fine wine, the Wine & Spirits Fair brings tremendous opportunities to local, mainland and international wine corporations," she said.
  • In addition to beverages, the Wine & Spirits Fair features zones that promote the industry's all-round development, including Wine Education as well as Wine Accessories, Equipment and Services.
  • Wine & Spirits Fair events include wine-tasting sessions where buyers and visitors can try fine wines from around the world.

Chu Kong Shipping Announces 2023 Interim Results, Profit Attributable to the Equity Holders of the Company Increases by 6.3% year on year to HK$58.4 Million

Retrieved on: 
Thursday, August 24, 2023
TEU, Oriental Pearl, Advertising, San Francisco Bay Area, Belt and Road Initiative, Tuen Mun, CKPT, HKSAR, Youth Development Commission, HKSAR Government, Government, International airport, The Company, Water, Guangdong–Hong Kong–Macao Greater Bay Area, Growth, Hong Kong International Airport, Seemabaddha, Transport, Letter, Airline, Warehouse, Tourism, ASEAN, Belt

In the first half of 2023, the Group recorded consolidated revenue of HK$1,233.1 million (1H 2022: HK$1,601.2 million).

Key Points: 
  • In the first half of 2023, the Group recorded consolidated revenue of HK$1,233.1 million (1H 2022: HK$1,601.2 million).
  • Profit for the period increased by 1.0% year on year to HK$62.3 million (1H 2022: HK$61.7 million), while profit attributable to the equity holders of the Company increased by 6.3% year on year to HK$58.4 million (1H 2022: HK$54.9 million).
  • During the Period, regarding the cargo transportation business, the container transportation volume recorded 646,000 TEU, representing a year-on-year increase of 0.2%.
  • The break bulk cargoes transportation volume amounted to 202,000 tons, while the volume of container hauling and trucking recorded 90,000 TEU.

Chu Kong Shipping Announces 2022 Annual Results

Retrieved on: 
Monday, March 27, 2023
TEU, Oriental Pearl, Wales Co-operative Centre, Advertising, Oriental Pearl Tower, Belt and Road Initiative, ASEAN, Marketing, HK4, Shenzhen Bao'an International Airport, CKPT, COVID-19, Hong Kong International Airport, Fruit, Airline, Castrol, Movement, Cathay Pacific, Guangzhou Baiyun International Airport, Republic, The Company, International airport, Acquisition, Belt, Guangdong–Hong Kong–Macao Greater Bay Area, Growth, HK2, Transport, Seemabaddha, Environment, Central Piers, Sand, Property management, Warehouse, PRC, Limited, HK Express

HONG KONG, Mar 27, 2023 - (ACN Newswire) - Chu Kong Shipping Enterprises (Group) Company Limited ("Chu Kong Shipping", or the "Company", together with its subsidiaries, the "Group"; Stock Code: 560.HK) is pleased to announce its annual results for the year ended 31 December 2022 (the "Year").

Key Points: 
  • HONG KONG, Mar 27, 2023 - (ACN Newswire) - Chu Kong Shipping Enterprises (Group) Company Limited ("Chu Kong Shipping", or the "Company", together with its subsidiaries, the "Group"; Stock Code: 560.HK) is pleased to announce its annual results for the year ended 31 December 2022 (the "Year").
  • In 2022, the rebound of the COVID-19 epidemic ("epidemic") situation remained continuous, resulting in greater downward pressure on the global economy.
  • The Group achieved the completion of code-sharing cooperation with the three major base airlines, Cathay Pacific, Hong Kong Airlines and Hong Kong Express.
  • As to the fuel supply business, Sun Kong Petroleum Company Limited ("Sun Kong Petroleum") actively developed its business in the unfavourable environment of the epidemic.

Chu Kong Shipping Announces 2022 Interim Results, Profit Attributable to the Equity Holders of the Company Significantly Increases by 110.6% to HK$54.9 Million

Retrieved on: 
Thursday, August 25, 2022
Pearl River Delta, COVID-19, The Company, ASEAN, PRD, Central Kowloon Route, Belt and Road Initiative, Awareness, Engineering, Guangzhou Baiyun International Airport, City, Solution, Belt, Maintenance, Pressure, Guangdong-Hong Kong-Macau Greater Bay Area, Seemabaddha, TEU, Social responsibility, Quarantine, Water, Company, Central Piers, Oriental Pearl, News, The Group, Holding, Face, International airport, Acquisition, Growth, Transport, Efficiency, Chu Kong Passenger Transport, Tutoring, Warehouse, Airline, Period, Hong Kong International Airport, Group

Profit for the Period amounted to HK$61.7 million (1H 2021: HK$39.7 million), representing an increase of 55.4% over the same period last year.

Key Points: 
  • Profit for the Period amounted to HK$61.7 million (1H 2021: HK$39.7 million), representing an increase of 55.4% over the same period last year.
  • Profit attributable to the equity holders of the Company amounted to HK$54.9 million (1H 2021: HK$26.1 million), representing an increase of 110.6% over the same period last year.
  • Chu Kong Shipping is a listed company incorporated in Hong Kong held by Chu Kong Shipping Enterprises (Holdings) Company Limited and subject to Guangdong Provincial Port & Shipping Group Company Limited.
  • Chu Kong Shipping is also one of the largest operators of inland terminal and logistics service in the PRD.