Sinotrans Limited (“the Company”) convened 2024 Mid-year Results Briefing (the “Briefing”) on 30 August 2023. Mr. Song Rong, the Executive Director and General Manager, Mr. Li Shichu, Vice President and Board Secretary,Mr. Wang Jiuyun, CFO, Mr. Gao Xiang, Vice President and Chief Digital Officer, Ms. Li Xiaoyan, CFO, and Independent Directors attended the Briefing.
Song Rong introduced to investors the business operation in the first half of 2024, and key tasks for the second half of the year. Together with management team, he had a warm exchange with investors attending the Briefing.
In the first half of 2024,in the face of the complex and severe economic situation at home and abroad, Sinotrans insisted on its strategic focus and grabbed market share. The business volume of the main sectors achieved double-digit growth, the revenue scale increased steadily,reaching 56.368 billion yuan, and the net profit attributable to the parent company was 1.945 billion yuan. At the same time, Sinotrans attached importance to shareholder returns, and declared an interim dividend of 0.145 yuan per share, with a payout ratio of 54.17%,which reached a new high.
The capital market paid great attention to Sinotrans. More than 100 investors from CICC, Huatai Securities,Changjiang Securities, China Merchants Securities, HSBC, UBS Securities and other domestic and foreign investors participated in the Briefing.
Relevant staff of the Board of Directors office of Sinotrans attended the Briefing.
