Singamas Container Holdings (HKG:0716) expects an attributable profit of at least $15 million for the six months ended June 30, up from $9.8 million a year prior, a Wednesday bourse filing stated.
The firm attributed the higher anticipated profit to a rise in the demand for dry freight containers amid a boost in global trade volume and port congestion, among other factors, as well as a growing leasing business.
Share of the container manufacturer and terminal operator closed over 1% higher on Wednesday.
Price (HKD): $0.81, Change: $+0.01, Percent Change: +1.25%
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