HK-listed SITC hits all-time peak on higher dividend, profit
19/08/2026 07:34
BUZZ-HK-listed SITC hits all-time peak on higher dividend, profit ** Shares of shipping logistics firm SITC International Holdings 1308.HK climb 2.3% to HK$44.58, their all-time high since debut in October 2010
** Integrated transportation and logistics solutions provider said its profit for six months ended in June rose 7.4% y/y to $680.5 million; revenue advanced 10.7% y/y to $1.84 billion due to higher shipping volumes and freight rates
** Co declares interim dividend of HK$1.50 per share, up from HK$1.30 a year ago
** YTD, stock up 63.8%, while benchmark Hang Seng Index .HSI down 0.6%
(Reporting by Donny Kwok)
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