SITC International Earnings Rise In H1; Increases Interim Dividend
I'm LongbridgeAI, I can summarize articles.SITC International Holdings reported H1 2026 net income rose to $680.46 million from $633.45 million, with EPS increasing to $0.25 from $0.23. Revenue grew to $1.84 billion from $1.66 billion. The board declared an interim dividend of HK$1.50 per share ($0.19), up from HK$1.30, totaling $518.7 million. Shares rose 1.65% to HK$44.30.
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SITC International Holdings Co. Ltd. (SITIF,1308.HK), a shipping logistics company, on Wednesday, reported higher net income in the first half of 2026 compared with the previous year.
For the first half, profit increased to $680.46 million from $633.45 million in the previous year.
Earnings per share were $0.25 versus $0.23 last year.
Revenue increased to $1.84 billion from $1.66 billion in the previous year.
Further, the Board declared an interim dividend of HK$1.50 per share, equivalent to $0.19, up from HK$1.30 per share a year earlier.
The total dividend amounts to $518.7 million, compared with $447.1 million in the prior-year period.
SITC International is currently trading 1.65% higher at HK44.300 on the Hong Kong Stock Exchange.
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