---
title: "Hengtong Logistics released its 2024 annual performance, with a net profit of 155 million yuan, a year-on-year increase of 31.98%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232073187.md"
description: "Hengtong Logistics released its 2024 annual report, with a net profit of 155 million yuan, a year-on-year increase of 31.98%. Operating revenue was 2 billion yuan, a year-on-year decrease of 46.69%. The company plans to distribute a cash dividend of 0.50 yuan for every 10 shares to shareholders. The decrease in operating revenue is mainly due to the impact of the market environment and strategic adjustments in the LNG business, while the growth in net profit is attributed to the operation of the newly built terminal at Yulong Port"
datetime: "2025-03-17T10:50:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232073187.md)
  - [en](https://longbridge.com/en/news/232073187.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232073187.md)
---

# Hengtong Logistics released its 2024 annual performance, with a net profit of 155 million yuan, a year-on-year increase of 31.98%

According to the Zhitong Finance APP, Hengtong Logistics (603223.SH) released its 2024 annual report, stating that the company's operating revenue for 2024 was 2.002 billion yuan, a year-on-year decrease of 46.69%; the net profit attributable to shareholders of the listed company was 155 million yuan, a year-on-year increase of 31.98%; the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was 153 million yuan, a year-on-year increase of 32.9%; basic earnings per share were 0.22 yuan/share. It is proposed to distribute a cash dividend of 0.50 yuan (tax included) for every 10 shares to all shareholders.

The main reason for the year-on-year decrease in operating revenue during the reporting period was the impact of market environment factors, leading the company to strategically adjust its LNG business, implementing a light asset operation model and disposing of about one-third of its LNG vehicles. At the same time, structural adjustments were made to the LNG trading and transportation business, significantly reducing integrated trading and transportation operations and shifting towards transportation services, which directly affected the decrease in operating revenue. The year-on-year increase in net profit attributable to shareholders of the listed company and earnings per share during the reporting period was mainly due to the operation of the newly constructed terminal at Yulong Port in the main business, resulting in increased profits

### Related Stocks

- [603223.CN](https://longbridge.com/en/quote/603223.CN.md)

## Related News & Research

- [GMG's THERMAL-XR(R) to be Applied Exclusively & Distributed to Global Oil and Gas/LNG Industry with Curran International | GMGMF Stock News](https://longbridge.com/en/news/286909709.md)
- [$100 Invested In Cheniere Energy 5 Years Ago Would Be Worth This Much Today](https://longbridge.com/en/news/287129377.md)
- [Indonesia signs several gas commercial agreements](https://longbridge.com/en/news/287062867.md)
- [Golar LNG Q1 adjusted EBITDA beats expectations on lower operating costs](https://longbridge.com/en/news/287051160.md)
- [Europe's Dependence On US LNG Set To Surge](https://longbridge.com/en/news/286407270.md)