Qingdao Port posts robust interim profit growth, strong revenue surge

Qingdao Port International Co. achieved a total revenue of 9,433,543 million yuan for the six months ended June 30, 2025, marking a 4.0% increase compared to the prior period. Gross profit rose by 9.8% to 3,709,031 million yuan, primarily driven by the container handling and ancillary services segment. Net profit attributable to shareholders increased by 7.6% to 2,841,930 million yuan.

The container handling and ancillary services segment was a key contributor, with revenue growing by 49.9% to 1,623,325 million yuan and gross profit from QQCT, a major joint venture, increasing by 18.1% to 3,399,974 million yuan. Total current assets reached 20,132,290,116 million yuan as of June 30, 2025, up by 3,498,820,000 million yuan from January 1, 2025.

The company's net cash inflow from operating activities reached 2,759,020,326 million yuan, while net cash used in investing activities was 699,523,918 million yuan. The board of directors proposed an interim dividend of 1.466 yuan per ten shares (inclusive of tax) for the year 2024, to be paid on August 25, 2025, subject to shareholders' approval.