According to the Zhitong Finance and Economics App, Aneng logistics (09956) rose more than 5% intraday, reaching a high of HKD 7.07, the highest since August last year. As of press time, it rose 4.47% to HKD 7.01, with a turnover of HKD 36.8435 million.

On the news front, Aneng logistics recently announced that from January 1, 2024 to June 13, 2024, the company has repurchased approximately 3 million shares, with a total expenditure of approximately HKD 14 million from its own idle funds. At the same time, the company plans to further repurchase shares on the market, with a total expected repurchase amount of not more than HKD 150 million in 2024.

Sealand's research reports point out that Aneng logistics' product competitiveness continues to improve, and its cargo volume is steadily increasing, while its profitability is constantly improving, and its performance is expected to continue to be released. It is reported that in the first quarter of this year, Aneng logistics achieved a cargo volume of 2.88 million tons, a year-on-year increase of 21.7%; revenue of RMB 2.378 billion, a year-on-year increase of 15.2%; and a gross profit of RMB 382 million, a year-on-year increase of 77.6%.