Brief: Chu Kong Shipping Enterprises Group Posts FY Profit Attributable Hk$214.1 Mln

Chu Kong Shipping Enterprises Co

26/03/2020 12:34

March 26 (Reuters) - Chu Kong Shipping Enterprises Group Co
Ltd  0560.HK :
    * FY PROFIT ATTRIBUTABLE TO HK$214.1 MILLION VERSUS HK$226.1
MILLION
    * RESOLVE TO PROPOSE A FINAL DIVIDEND OF HK3 CENTS PER
ORDINARY
SHARE
    * FY CONSOL REVENUE HK$2.15 BILLION, DOWN 10.7%
    * BUSINESS OF GROUP WILL ENCOUNTER A LOT OF PRESSURE AND
PERSISTENT NEGATIVE IMPACT FROM COVID19
    * INVESTMENT PLATFORM TO BE SET UP TO TRY ACQUIRING
WAREHOUSE
LOGISTIC IN COUNTRIES WITH "BELT AND ROAD" INITIATIVES
    * PLATFORM TO ALSO TRY ACQUIRING PASSENGER TRANSPORTATION
BUSINESS
IN COUNTRIES WITH "BELT AND ROAD" INITIATIVES


Further company coverage:  0560.HK 

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