No Data
KERRY LOG NET: Annual Report 2024
Kerry Logistics Network Changes Name to KLN Logistics Group
KLN Opens New Logistics Facility in the Netherlands To Meet Growing E-commerce Demand in the EMEA Region
An Intrinsic Calculation For Kerry Logistics Network Limited (HKG:636) Suggests It's 23% Undervalued
Citibank: Reduced KERRY LOG NET Target Price to HKD 8.50, rating 'Buy'.
Citibank released a Research Report stating that KERRY LOG NET (00636)'s International Freight Forwarding (IFF) business is mainly concentrated on The Pacific route. Therefore, the implementation of tariffs is worse than expected, which may negatively impact the group's IFF business volume. Due to cost optimization, comprehensive logistics may see moderate growth. The group has adjusted its earnings forecast for the next two years to reflect a decline in freight rates and uncertainties in Global trade, lowering the Target Price from HKD 10.5 to HKD 8.5, while maintaining a 'Buy' rating. However, as freight rates have currently fallen to very low levels, the impact on the IFF business's profits at this stage remains unclear. The bank is considering.
DBS: Slightly raised KERRY LOG NET (00636) Target Price to HKD 10.63, Rating 'Buy'.
KERRY LOG NET (00636) last year core Net income increased by 12% year-on-year to 1.36 billion HK dollars, benefiting from the strong growth of the International Freight Forwarding (IFF) Business.
Kerry Logistics Network's (HKG:636) Returns Have Hit A Wall
