The impact of tariffs on the U.S. has already been seen: truck Transportation volume at the Port of Los Angeles has dropped by 23%, and large-scale layoffs are about to occur.

Due to the impact of tariffs, the volume of goods entering the Port of Los Angeles, the largest port in the United States, has sharply declined. A CEO in the Logistics Industry stated that the truck Transportation volume at the port has decreased by 23% year-on-year, and if the trade war is not resolved, it may drop to 50% in the coming weeks, with truck drivers facing large-scale layoffs. Some media pointed out that the significant decline in Logistics may lead to the collapse of certain parts of the warehousing Industry Chain in Southern California.

wallstreetcnApr 25 21:40

ASIA ENERGY LOG: Annual Report 2024

HKEXApr 22 17:18 · Announcements

The performance report shows that ASIA ENERGY LOG (00351.HK) incurred a loss of 30.185 million yuan for the year, turning from profit to loss.

ASIA ENERGY LOG (00351.HK) announced its performance for the fiscal year 2024, with revenue of 48.14 million yuan, a decrease of 49.1% year-on-year. It recorded a loss of 30.185 million yuan, compared to a net profit of 12.676 million yuan in the previous year, turning from profit to loss; the loss per share is 1.51 cents. No final dividend is declared.

AASTOCKSMar 16 16:41

ASIA ENERGY LOG: ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2024

HKEXMar 14 18:34 · Announcements

Asia Energy Logistics Group Forecasts Loss in 2024

MT NewswiresFeb 21 19:43

ASIA ENERGY LOG (00351.HK) issues a profit warning: expected loss of approximately 30 million Hong Kong dollars in the fiscal year 2024.

On February 21, Gelonghui reported that ASIA ENERGY LOG (00351.HK) announced that the group expects to record a loss of approximately 30 million Hong Kong dollars for the financial year ending December 31, 2024, compared to a profit of approximately 11.1 million Hong Kong dollars for the financial year ending December 31, 2023. This change is mainly due to i) a decrease in charter income and ii) changes in the fair value of financial assets recognized in profit and loss.

Gelonghui FinanceFeb 21 17:41