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On Time Logistics Holdings Ltd (6123.HK)

6123.HK on Hong Kong Stock

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Latest Key Developments (Source: Significant Developments)

On Time Logistics expects to record decrease in revenue for year ended 31 Dec 2016
Friday, 17 Feb 2017 06:25am EST 

On Time Logistics Holdings Ltd <6123.HK>: Expected to record a very substantial decrease in revenue and net profit for year ended 31 December 2016 .Eexpected results due to excess supply in air and sea cargo space during first three quarters of 2016.  Full Article

On Time Logistics updates on MOU regarding possible sale and purchase of shares in Company<6123.HK>
Wednesday, 27 Jul 2016 10:51am EDT 

On Time Logistics Holdings Ltd <6123.HK>: Potential vendors, lam and haenisch entered into a memorandum of understanding with an independent third party as purchaser . Mou in respect of a possible sale and purchase of 275.3 million shares in the company . Says discussions are still in progress and the possible transaction may or may not proceed .  Full Article

On Time Logistics issues profit warning<6123.HK>
Friday, 22 Jul 2016 06:21am EDT 

On Time Logistics Holdings Ltd <6123.HK>: Log-profit warning <6123.HK> . Group is expected to record a significant decrease in revenue and net profit for the six months ended 30 June 2016 . Result due to keen competition in the forwarding market and the oversupply in air cargo space and sea cargo space .  Full Article

On Time Logistics Holdings Ltd issues FY 2015 profit/loss outlook
Monday, 29 Feb 2016 06:12am EST 

On Time Logistics Holdings Ltd:Group is expected to record a moderate decrease in the net profit for the year ended 31 December 2015.Decrease in profit was mainly attributable to the increment in provision of doubtful debts and bad debts during the year ended 31 December 2015.  Full Article

On Time Logistics Holdings Ltd Unit has entered into a logistics service agreement with Cainiao and a subcontracting agreement with IML
Tuesday, 22 Sep 2015 05:59am EDT 

On Time Logistics Holdings Ltd:Unit has entered into a logistics service agreement with Cainiao and a subcontracting agreement with IML.Pursuant to the logistics service agreement, Etotal is entitled to subcontract part of the logistics services.Says Etotal has entered into a subcontracting agreement with IML LLC.Says logistics service agreement shall be valid from July 2015 to December 2016.  Full Article

On Time Logistics Holdings Ltd gives H1 2015 outlook
Friday, 10 Jul 2015 07:30am EDT 

On Time Logistics Holdings Ltd:Says based on the preliminary review on the unaudited management accounts.Expects the group to record a significant decrease in revenue and net profit for H1 2015 as compared with H1 2014.  Full Article

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