HongKong:560

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.

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.