The Zhitong Finance App learned that COSCO Haifa (02866) fell nearly 3%. As of press release, it fell 2.6% to HK$0.75, with a turnover of HK$3.346,800.

According to the news, COSCO Haifa announced that the company expects net profit attributable to shareholders of listed companies for the year ended December 31, 2023 to be 1.4 billion yuan to 1.55 billion yuan (RMB, same unit), a year-on-year decrease of about 60.48% to 64.32%; net profit after deducting non-recurring profit and loss during the period will be 1.2 billion yuan to 1.35 billion yuan, a year-on-year decrease of about 64.33% to 68.30%.

The announcement said that last year, due to factors such as the slowdown in global trade growth and the turbulent geographical situation, demand in the container shipping market weakened, the Federal Reserve's monetary policy continued to be tightened, and capital costs remained high. With a high performance base for the same period last year, the company's revenue declined year-on-year during the reporting period, and the results for the reporting period declined compared to the same period last year.