share_log

异动直击 | 中远海能再涨近5%,1月累涨超20%,美国制裁影子船队有利合规游轮市场,公司预计全年纯利增超17%

Market update: COSCO SHIP ENGY rose nearly 5% again, with a cumulative increase of over 20% in January. The USA's sanctions on shadow fleets are beneficial for the compliant cruise market, and the company expects an increase in annual net profit of over 1

Zhitong Finance ·  Jan 14 01:49

According to Zhito Finance App, $COSCO SHIP ENGY (01138.HK)$It rose nearly 5% again, accumulating over 20% growth in January. As of the time of reporting, it rose by 4.83% to 7.60 Hong Kong dollars.

In news, the USA Treasury Department last Friday (January 10) added Russian oil traders, oil field suppliers, and Russian energy officials to the sanctions list. Additionally, over 180 vessels have been sanctioned for allegedly forming a 'shadow fleet' for transporting Russian crude oil subject to US sanctions. Morgan Stanley released a research report indicating that the sanctions might gradually push the 'shadow fleet' out of the market, which would benefit the legitimate tanker market. The firm believes that the negative sentiment reflecting weaker-than-expected performance in the peak season of Q4 2024 may improve.

Furthermore, COSCO SHIP ENGY recently issued a positive profit alert. CICC noted that COSCO SHIP ENGY is expected to achieve a net profit attributable to shareholders of 3.96 billion in 2024, a year-on-year increase of 17.2%; excluding non-recurring gains, the net profit is expected to be 3.95 billion, a decline of 4.4% year-on-year. The difference in growth rates before and after excluding non-recurring items is mainly due to recognizing non-recurring gains and losses of +0.01 billion in 2024 compared to -0.75 billion in 2023. The firm pointed out that the tight supply logic for VLCC has not changed, and the tightening sanctions on shadow tankers may further increase the demand for compliant market capacity. Supply and demand are expected to improve further, and the industry cycle is on the rise, Bullish on the company's profit elasticity, with low valuation and dividends providing support at the bottom.

Editor/ping

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

    Statement

    This page is machine-translated. Futubull tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation.