ZhongGu's net profit increased by more than 200% in the first three quarters

On October 26, ZhongGu Logistics released its third-quarter performance report.
 
In the third quarter, ZhongGu Logistics achieved operating income of approximately 3.1 billion yuan, a year-on-year increase of 13.65%; Realized a net profit attributable to shareholders of listed companies of 450 million yuan, a year-on-year increase of 83.17%.
 
In the first three quarters of this year, the company achieved operating income of approximately 8.7 billion yuan, a year-on-year increase of 21.44%; Net profit attributable to shareholders of listed companies was 1.551 billion yuan, a year-on-year increase of 213.72%.
 
ZhongGu Logistics continued its good performance in the first half of the year.
 
In the first half of this year, ZhongGu achieved operating income of 5.604 billion yuan, a year-on-year increase of 26.23%; Completed container transportation volume of 6.2 million TEU, a year-on-year increase of 9.43%; Cargo transportation volume of 66.86 million DWT, a year-on-year increase of 7.51%.
 
The company said at the time that due to the tight supply of shipping capacity in the container shipping industry and the gradual release of industry demand, the level of freight rates in the first half of the year continued to rise, a significant increase over the same period in previous years.
 
The foreign trade route is a major strategic layout of ZhongGu in the new stage, and it also conforms to the new market trends brought about by the domestic and international double cycle.
 
ZhongGu said that with the gradual enrichment of foreign trade routes, it will truly connect the domestic and foreign trade transportation industry chain and provide more high-quality transportation options for domestic and foreign customers.
 
Source: Sarah Yu, XINDE MARINE NEWS

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