ASIA ENERGY LOG(00351)

0.115+0.012+11.65%

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    • AI Earnings
      ·
      2023-08-04

      ASIA ENERGY LOG(00351) Earnings Summary

      Bullish Points: 1. Revenue from shipping and logistics increased to HKD 48,969,000 from HKD 23,820,000. 2. Revenue from telecommunications services increased to HKD 29,129,000 from HKD 11,129,000. 3. Total revenue for the period increased to HKD 78,098,000 from HKD 34,949,000. 4. Profit for the period was HKD 65,000, compared to a loss of HKD 32,928,000 in the previous period. 5. Revenue increased by 106% in shipping and logistics, mainly due to higher charter rates and operating costs returning to normal levels after COVID-19. 6. Gross profit increased by 667% in shipping and logistics to HKD 22,289,000. 7. Telecommunications business revenue increased by 162%, mainly due to China's economic recovery and new contributions from 5G network solutions. 8. Gross profit for telecommunications b
      ASIA ENERGY LOG(00351) Earnings Summary
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    • Company Profile

      Company Name
      ASIA ENERGY LOG
      Market
      SEHK
      Establishment Date
      - -
      Employees
      - -
      Office Location
      - -
      Zip Code
      - -
      Phone
      - -
      Fax
      - -
      Introduction
      Asia Energy Logistics Group Limited is an investment holding company principally engaged in the provision of shipping services. Along with subsidiaries, the Company operates its business through two segments. The Shipping and Logistics segment is engaged in the provision of shipping services, logistics services and vessel chartering services. It also provides coal transportation services, acquisitions, management and operation of terminals. The Railway Construction and Operations segment is engaged in the construction and operation of the Zunxiao railway.
      • 1D
      • 5D
      • Day
      • Week
      • Month
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      High
      0.132
      Open
      0.106
      Volume%
      53.83
      Low
      0.106
      Close
      0.103
      T/O Rate
      0.10%
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