Xiamen International Port Co., Ltd [3378.HK] Stock Forecast

Xiamen International Port Co., Ltd, together with its subsidiaries, operates port terminals primarily in Xiamen, the People's Republic of China. It operates through Container Loading and Unloading and Storage Business; Bulk/General Cargo Loading and Unloading Business; Comprehensive Port Logistic Services; and Merchandise Trading Business segments. The company engages in the container, bulk, and general cargo loading, unloading, and storage businesses, as well as provides port comprehensive logistics services comprising port-related logistics, tugboat berthing and unberthing, shipping agency, and tallying services; manufactures and sells building materials; and trades in merchandise, including steel and chemical raw materials. It also offers container deposit, land transport, logistics management, domestic and international freight agency services; operates and manages equipment at the transformer substation; repairs, maintains, cleans, and renovates containers; commodity export agency and sales services; and stacking and storage management, container packing and unpacking, and storage and container cargo inspection services. Further, the company is involved in the construction of roads; and long term investment and development business, as well as offers agency services for import and export of products, technology, international and domestic agency services, and international air transportation. Additionally, it provides freight forwarding, port supporting, packing and processing, logistics and distribution, customs declaration, and logistics information consulting services; and keeping and warehousing, and labour services, as well as engages in the wholesale of pre-packaged food. It owns and operates 39 berths for containers, and bulk and general cargo of international and domestic trade. The company was founded in 1998 and is based in Xiamen, the People's Republic of China. Xiamen International Port Co., Ltd is a subsidiary of Xiamen Port Holding Group Co., Ltd.