Asia Energy Logistics Group Forecasts Loss in 2024

MT Newswires Live

2025/02/21

Asia Energy Logistics Group (HKG:0351) expects a net loss of HK$30.0 million in 2024 against a net profit of HK$11.1 million logged a year ago, a Friday Hong Kong bourse filing said.

The shipping and logistics services company attributed the expected swing to loss to a change in the fair value of financial assets through profit or loss and a decrease in charter-hire income during the reporting period.

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