GP LOGISTICS Shareholder Transfers Holdings from One Broker to Another

Stock News03-23

A recent filing with the Hong Kong Stock Exchange revealed that on March 20, a major shareholder of GP LOGISTICS transferred their shares from Yuanku Securities to Dingshi Securities. The value of the transferred shares amounted to HK$34.3278 million, representing 36.59% of the company's issued share capital.

In a previous announcement, GP LOGISTICS provided its financial forecasts. The company anticipates its revenue for the fiscal year ending December 31, 2025, to be between approximately HK$720 million and HK$730 million. This compares to the revenue of about HK$1.058 billion reported for the fiscal year ending December 31, 2024. Furthermore, the company expects to record a net loss in the range of approximately HK$43 million to HK$46 million for the 2025 fiscal year, a significant increase from the net loss of around HK$4 million in the 2024 fiscal year.

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