Shipping group OOIL falls most in 16 months on lower H1 profit, dividend
BUZZ-Shipping group OOIL falls most in 16 months on lower H1 profit, dividend ** Shares of Orient Overseas (International) 0316.HK (OOIL) fall 8.8% to HK$155.9, on course for the biggest one-day pct drop since April 7, 2025
** Stock hits the lowest level since August 17
** Top pct loser in the benchmark Hang Seng Index .HSI, which is down 0.1%
** The container transport and logistics services group says its H1 net profit dropped 23.7% y/y to $727.95 million
** It declared an interim dividend of $0.55 per share, as compared to $0.72 a year earlier
** YTD, stock up 26.5%, while Hang Seng Index .HSI is down 0.4%
(Reporting by Donny Kwok)
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