Rizhao Port Jurong warns of 31% profit drop for first half 2025

Rizhao Port Jurong Co., Ltd. has issued a profit warning, forecasting a significant decrease in net profit attributable to owners for the six months ended 30 June 2025. Based on a preliminary review of unaudited management accounts, the company expects net profit to fall by approximately 31% compared to the RMB120,510,000 recorded in the corresponding period of 2024.

The anticipated profit decline is primarily attributed to changes in economic conditions and market policies. These factors have led some customers to adjust their demand for imported goods, resulting in a reduction in the company's business volume and a material decrease in overall profit.

The company is still finalizing its interim results for the period, which are subject to adjustments and have not yet been reviewed by auditors or the audit committee. The actual interim results are expected to be published on or around 29 August 2025.