Summary by Futu AI
Kerry Log Net announced the unaudited interim performance for the first half of 2024, with revenue growing by 10% to 25.432 billion Hong Kong dollars, core operating profit increasing by 11% to 1.2 billion Hong Kong dollars, and core net profit growing by 5% to 0.606 billion Hong Kong dollars. Shareholders' attributable profit surged significantly by 126% to 0.831 billion Hong Kong dollars. The profit of the Comprehensive Logistics Business Division slightly decreased by 3%, while the profit of the International Freight Business Division increased by 18%. The interim dividend is 10 Hong Kong cents per share, payable on September 23, 2024. Kerry Log Net Group continues to focus on two core businesses, comprehensive logistics, and international freight transportation, and completed a special dividend distribution for KEX Express Thailand shares. The group's extensive business coverage in the Asian market helps seize opportunities in supply chain migration and maintain a leading position on the world's busiest trade routes. Looking ahead, the group will continue to invest in digitalization, drive innovation, efficiency, and growth, and explore new pathways to implement sustainable logistics solutions.