Goldman Sachs released a research report stating that COSCO Haikong (601919) had a net profit of 6.8 billion yuan in the first quarter, compared with the fourth quarter of 2023.bestfreep2ecryptogamesThe 1.8 billion yuan in the same period last year has improved significantly, but it is still slightly lower than the 7.1 billion yuan in the same period last year, which is in line with market expectations and management's guidance that profits are basically flat.

bestfreep2ecryptogames|大行评级|高盛:微升中远海控H股目标价至6.9港元 予“沽售”评级

Looking to the future, the bank believes that some ports in the western Mediterranean have already experienced congestion, while India and Latin America may become new demand drivers, and there is an upward risk in freight rates in the next quarter. The bank updated its latest liner shipping volume and freight rate assumptions and lowered its net profit from 2024 to 2026 by 8% to an increase of 13%, raising the company's H-share target price slightly to 6%.bestfreep2ecryptogames.9 Hong Kong dollars, and the target price of A-shares remains unchanged at 8.9 yuan, giving it a "sell" rating.