SEHK:1308Shipping
SITC International Holdings (SEHK:1308) Is Up 7.9% After Upbeat 2025 Profit Guidance - Has The Bull Case Changed?
SITC International Holdings recently issued unaudited earnings guidance for the year ended 31 December 2025, expecting profit attributable to shareholders of about US$1,200 million to US$1,230 million, supported by container shipping volume of around 3.85 million TEUs and an average freight rate of roughly US$753 per TEU.
The company links this profit improvement to expanding Asian trade flows and its focus on higher-value shipping services rather than simply adding capacity.
We will now...