On August 16th, the Hang Seng Index Company announced the latest quarterly review results, in which China International Marine Containers (02039) was included in the Hang Seng Composite Midcap Index. The change will be implemented after the close of trading on Friday, September 6, 2024 and will take effect on Monday, September 9, 2024.
According to the Zukerman Financial APP, on August 16, the Hang Seng Index Company announced the latest quarterly review results, in which China International Marine Containers (02039) was included in the Hang Seng Composite Midcap Index. The change will be implemented after the close of trading on Friday, September 6, 2024 and will take effect on Monday, September 9, 2024.
It is reported that the company is expected to achieve a net income of 700-950 million yuan attributable to shareholders in the first half of 2024, a year-on-year increase of 76%-138%, with a median of 0.825 billion yuan, a year-on-year increase of 107%. Soochow Securities pointed out that as the industry leader with a stable market share of more than 40%, China International Marine Containers will fully benefit from the current container cycle recovery. As the orders are fulfilled, maritime engineering will become the core contribution to the company's future performance.