Stock Track | TRANSPORT INT'L Soars 8.77% Following Strong Interim Results with 57.94% Profit Surge

Stock Track08-22

TRANSPORT INT'L (00062) experienced a significant surge in its stock price, soaring 8.77% during Friday's trading session. The sharp increase came on the heels of the company's announcement of impressive interim results for the first half of 2025.

According to the financial report released on August 21, TRANSPORT INT'L reported a robust 57.94% year-on-year increase in profit, reaching HK$190 million for the six months ended June 30, 2025. The company's revenue also saw a healthy growth of 3.98%, totaling HK$4.226 billion. In light of the strong performance, the company declared an interim dividend of HK$0.3 per share, further boosting investor confidence.

TRANSPORT INT'L, a subsidiary of Sun Hung Kai Properties, operates primarily in franchised public bus services. The company's diversified portfolio, including non-franchised transport, property, and multimedia businesses, along with strategic investments in mainland China's transport sector, appears to be paying off. Notably, TRANSPORT INT'L holds a 35% stake in Shenzhen Bus Group and a 31.38% interest in BAW Futian, positioning it to capitalize on transport-related opportunities in key Chinese markets. This positive outlook, combined with the strong financial results, has evidently resonated well with investors, driving the stock's impressive performance.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment