Qinhuangdao Port reports mixed first half 2025 results

Qinhuangdao Port Co., Ltd. reported a total cargo throughput of 208.38 million tonnes in the first half of 2025, a 3.08% increase from the corresponding period in 2024. Operating revenue for the period was 3,451,139,185.64 yuan, a marginal decrease of 0.30%, while net profit attributable to shareholders of the listed company was 987,828,180.50 yuan, a 2.22% decrease year-on-year. Basic earnings per share remained stable at 0.18 yuan.

The company's total assets grew by 2.22% to 28,499,425,170.55 yuan, and net assets attributable to shareholders increased by 2.97% to 19,904,278,149.56 yuan. Coal throughput increased by 3.92% to 106.46 million tonnes, and container handling services saw a significant rise of 20.75% to 8.73 million tonnes, equivalent to 764,399 TEUs. However, net cash flows from operating activities decreased by 31.59%, largely due to a decrease in advance port charges.

Qinhuangdao Port attributes its performance to strengthened marketing efforts, diversified cargo markets, and efficient operations across its ports. The company continues to navigate challenges such as competition from new energy sources and macroeconomic uncertainties, while capitalizing on strategic initiatives and policy support.