ANE (Cayman)'s Profit Swells in Q3

MT Newswires Live
2024-11-15

ANE (Cayman) (HKG:9956) recorded a year-over-year rise in attributable profit for the quarter ended Sept. 30 to 188.8 million yuan from 147.6 million yuan, a Thursday bourse filing stated.

Revenue rose by 21% to 3.04 billion yuan in Q3 from 2.51 billion yuan in the year-ago period, mainly due to an increase in freight volume and a higher unit price for total services.

Shares of the transport services provider closed nearly 2% lower on Friday.

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