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Last $2.17 HKD
Change Today +0.11 / 5.34%
Volume 11.3M
3378 On Other Exchanges
Hong Kong
As of 4:01 AM 10/9/15 All times are local (Market data is delayed by at least 15 minutes).

xiamen international port-h (3378) Snapshot

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52 Week High
04/14/15 - $5.78
52 Week Low
07/8/15 - $1.68
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Current Stock Chart for XIAMEN INTERNATIONAL PORT-H (3378)

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xiamen international port-h (3378) Details

Xiamen International Port Co., Ltd. operates port terminals China. The company is involved in container, bulk, and general cargo loading, unloading, and storage businesses. It offers ancillary value-added port services, including port-related logistics, shipping agency, tugboat berthing and unberthing, and tallying services. The company is also involved in the manufacture, processing, and sale of building materials; trading of merchandise, such as steel and chemical raw materials; and long term investment businesses. In addition, it provides container deposit, land transport, and international freight agency services; container loading and unloading services for domestic and international trade; agency services for import and export of products/technology; commodity export agency and sales services; bonded warehouse operations services; and port supporting services. Further, the company engages in the operation and management of equipment at the transformer substation; stacking and storage management, and container packing and unpacking activities; construction of roads; and construction and development of terminals. As of December 31, 2014, it owned and operated 26 berths for containers and bulk/general cargo of international and domestic trade. The company was founded in 1998 and is based in Xiamen, China. Xiamen International Port Co., Ltd. operates as a subsidiary of Xiamen Port Holding Group Co., Ltd.

6,296 Employees
Last Reported Date: 09/10/15
Founded in 1998

xiamen international port-h (3378) Top Compensated Officers

Interim Chairman and General Manager
Total Annual Compensation: CNY711.0K
Executive Director, Chairman of Nomination Co...
Total Annual Compensation: CNY721.0K
Vice Chairman and Member of Business Strategy...
Total Annual Compensation: CNY657.0K
Deputy General Manager and Executive Director
Total Annual Compensation: CNY256.0K
Compensation as of Fiscal Year 2014.

xiamen international port-h (3378) Key Developments

Xiamen International Port Co., Ltd. Announces Management Changes

The board of directors of Xiamen International Port Co., Ltd. announced that with effect from 9 October 2015, in consideration of the current health condition of Mr. Lin Kaibiao, an Executive Director and the Chairman of the Board of the Company, Mr. Huang Zirong (Mr. Huang), in additional to his capacity as an Executive Director and the general manager of the Company, will assume Mr. Lin's responsibilities as the Chairman of the Board on the interim basis until further notice so as to ensure the continuation of normal and proper operation, managements and developments of the company.

Xiamen International Port Co., Ltd. to Issue RMB 2,000,000,000 Short-Term Notes

Xiamen International Port Co., Ltd. announced that on 18 August 2015, NAFFII has accepted the registration of the Short-Term Notes with an aggregate principal amount of RMB 2,000,000,000 to be issued by the company to certain domestic institutional investors in the PRC with an effective period from 18 August 2015 to 17 August 2017.

Xiamen International Port Co., Ltd. Announces Consolidated Unaudited Earnings Results for the Six Months Ended June 30, 2015

Xiamen International Port Co., Ltd. announced consolidated unaudited earnings results for the six months ended June 30, 2015. For the period, the company reported revenues of RMB 3,033,342,000 against RMB 2,837,192,000 a year ago. Operating profit was RMB 365,158,000 against RMB 416,463,000 a year ago. Profit before income tax expense was RMB 345,563,000 against RMB 378,955,000 a year ago. Profit attributable to owners of the company was RMB 105,263,000 against RMB 191,083,000 a year ago. Earnings per share for profit attributable to owners of the company during the period was $3.86 against $7.01 a year ago. Net debt was RMB 1,997,058,000. The increase in revenue was mainly due to the rising in business volume of container loading and unloading and storage business, trading business of merchandise and value-added port services. The decrease in profit was mainly due to the fact that the company recognized a one-off disposal gain of RMB 85,130,000 in the first half year of 2014 regarding the Dongdu Ferry Berth Resumption, while there was no such asset disposal gain in this period. As at 30 June 2015, the group's capital expenditure commitments amounted to approximately RMB 716,085,000, primarily consisting of expenditure for constructing and upgrading port and storage infrastructure, acquisition of loading machinery and other machineries and building renovation.


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