Antong Holdings released the 2021 annual performance forecast growth announcement. The company expects that the annual net profit in 2021 will be about 1.45 billion yuan to 1.6 billion yuan, an increase of 157 million yuan to 307 million yuan compared with the same period last year, a year-on-year increase of 12.14% to 23.74%.

 

Antong Holdings said that during the reporting period, affected by multiple factors such as epidemics and tight transportation capacity, the demand for the foreign trade shipping market was strong. The company seized the favorable opportunity, actively deployed the foreign trade market, and achieved better operating benefits.

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In addition, the company has strengthened the cooperation in the domestic trade routes. At the same time, part of the domestic trade capacity was transferred to the foreign trade market, resulting in the change between supply and demand. Based on the above situation, the price of container transportation was on an upward trend during the reporting period. 

 

Source: Xinde Marine News Sarah Yu

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