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Sinotrans Shipping Ltd (0368.HK)

0368.HK on Hong Kong Stock

2.03HKD
23 Apr 2018
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Latest Key Developments (Source: Significant Developments)

Sinotrans Shipping Posts ‍FY Profit Attributable Of US$32.3 Mln
Thursday, 8 Mar 2018 

March 8 (Reuters) - Sinotrans Shipping Ltd <0368.HK>::FY REVENUE $‍1.01 BILLION VERSUS $841.5 MILLION.‍FY PROFIT ATTRIBUTABLE US$32.3 MILLION VERSUS LOSS OF US$229.6 MILLION.‍PROPOSED PAYMENT OF FINAL DIVIDEND OF HK3 CENTS PER SHARE​.  Full Article

Sinotrans Shipping's Unit To Dispose Vesel To Shanghai Changhang Shipping
Tuesday, 13 Feb 2018 

Feb 13 (Reuters) - Sinotrans Shipping Ltd <0368.HK>::UNIT ENTERED AGREEMENT TO DISPOSE VESEL FOR RMB84.3 MILLION TO SHANGHAI CHANGHANG SHIPPING.‍NET PROCEEDS OF DISPOSAL IS ABOUT RMB70.6 MILLION​.  Full Article

Sinotrans Shipping posts HY profit attributable $8.006 mln
Thursday, 10 Aug 2017 

Aug 10 (Reuters) - Sinotrans Shipping Ltd <0368.HK>:Hy profit attributable $8.006 million versus loss of $40.230 million a year ago.HY revenue $500.6 million versus $385.8 million a year ago.Board of directors has resolved not to declare an interim dividend for six months ended 30 june 2017.Dry bulk shipping market is expected to further recover in 2018.  Full Article

Sinotrans Shipping Ltd updates on disposal of stake in the finance company
Wednesday, 31 May 2017 

May 31 (Reuters) - Sinotrans Shipping Ltd <0368.HK>:Sinochart, a unit of company, entered into disposal agreement with parent company.Deal for consideration of rmb27.9 million.‍expected that there will be a net gain of approximately rmb2.9 million accrued to Sinochart from agreement​.Pursuant to deal, Sinochart to dispose of, and Sinotrans & Csc Holdings Co., Ltd to purchase, sale interest.  Full Article

Sinotrans Shipping says Sinotrans Tianze enters tianze lease management agreement
Friday, 7 Apr 2017 

Sinotrans Shipping Ltd <0368.HK> :Sinotrans Tianze entered into tianze lease management agreement with Sinotrans Shanghai Property Development.  Full Article

Sinotrans Shipping FY loss attributable $229.6 mln
Thursday, 9 Mar 2017 

Sinotrans Shipping Ltd <0368.HK>: FY revenues $841.5 million versus $999.8 million . FY loss attributable to owners of company $229.6 million versus loss of $66.3 million .Board proposed payment of final dividend of HK4 cents per share.  Full Article

Sinotrans Shipping issues profit warning
Friday, 27 Jan 2017 

Sinotrans Shipping Ltd <0368.HK> : Net loss of group for twelve months ending 31 December 2016 is expected to record a substantial increase .As at end 2016, expected long-term intrinsic value of some self-owned vessels to be lower lower than carrying amounts, requiring impairment.  Full Article

Sinotrans Shipping says HY revenues US$385.8 million versus US$485.1 million<0368.HK>
Monday, 15 Aug 2016 

Sinotrans Shipping Ltd <0368.HK>: Says HY revenues US$385.8 million versus US$485.1 million . HY loss attributable to owners of the company US$40.2 million versus loss US$18.3 million . Says board of directors has resolved not to declare an interim dividend for the six months ended 30 June 2016 . Anticipated that the market will recover slowly in the future . Says "it is expected that the market is likely to improve" . Shipping volume in intra-Asia area is relatively stable" . "Competition landscape and freight rates of container liners will remain steady" .  Full Article