share_log

港股异动 | 太平洋航运(02343)再涨超3% 第三季经营活动溢利同比升12%至日均1300美元

Hong Kong stocks surged again | Pacific Basin (02343) rose by more than 3% again, with a 12% year-on-year increase in operating profit in the third quarter, averaging $1300 per day.

Zhitong Finance ·  Oct 21 14:41

Pacific basin (02343) rose by over 3% again, as of the time of publication, it increased by 3.1% to HK$2.33, with a turnover of 49.0794 million Hong Kong dollars.

According to the Securities Times APP, Pacific basin (02343) rose by over 3% again, increasing by 3.1% to HK$2.33 as of the time of publication, with a turnover of 49.0794 million Hong Kong dollars.

On the news front, Pacific basin recently announced that in the third quarter, the company's core business recorded daily average revenues of $13,740 for handysize and $12,220 for supramax dry bulk vessels under on-time charter contracts. This means that the daily average revenues for handysize and supramax dry bulk vessels increased by 35% and 6% respectively year-on-year. Operational activities also made a positive contribution, with profits once again showing quarterly improvement. In the third quarter of 2024, the company's 6,950 operating days recorded a daily average profit of $1,300.

Daiwa's research report pointed out that the investment rating of Pacific basin has been upgraded from "hold" to "outperform the market", with the target price raised from HK$2.25 to HK$2.4. The bank noted that benefited from a strong spot market, operational profits increased by 12% to a daily average of $1,300, surpassing expectations. In the fourth quarter, handysize and supramax accounted for 74% and 84% of operating days, with revenues locked in at $12,570 and $12,190 respectively.

The translation is provided by third-party software.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment