Logistic group SITC climbs most in near 3 months on solid earnings outlook
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Shares of SITC International Holdings rose 4.9% to HK$29.36, marking the largest one-day percentage increase since November 3. The stock reached its highest level since December 16, continuing an eight-day streak of gains. The company anticipates a 16%-18.9% year-on-year increase in net profit for 2025, projecting earnings of $1.2-$1.23 billion, driven by growth in the Asian market, with container shipping volume up 7.8% and average freight rates up 4.4%. Year-to-date, the stock has increased by 7.4%, outperforming the Hang Seng Commerce & Industry Index, which is up 6.6%.
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