Xin Yuan Enterprises Anticipates 70% Growth in 2024 Profit

MT Newswires Live
06 Mar

Xin Yuan Enterprises (HKG:1748) expects an over 70% year-over-year increase in net profit for 2024, a Wednesday filing with the Hong Kong bourse stated.

The ship tanker charterer attributed the forecast to higher revenue from its asphalt tanker chartering services segment and from the completion of the disposal of XYMG Noble.

Price (HKD): $1.76, Change: $+0.21, Percent Change: +13.55%

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