Liaoning Port reports strong interim growth, profit up 110.8%

Liaoning Port Co., Ltd. (SSE:601880) held its 2025 interim results briefing on September 9, 2025, detailing a robust performance across key operational areas. The company reported a 4% increase in container throughput, reaching 5.475m TEU, driven by enhanced shipping routes and increased collaboration within the port. Additionally, bulk grain throughput saw a substantial 73.4% rise to 6.982m tons, primarily due to favorable national policies and increased domestic demand for corn.

The company's investment income also experienced significant growth, attributed to the improved profitability of joint ventures in passenger and roll-on/roll-off services. This contributed to a remarkable 110.8% year-on-year increase in net profit attributable to the parent company. This growth was further supported by increased revenue from oil products and container businesses, which offset declines in high-margin ore and steel bulk cargo.

Liaoning Port also benefited from deeper cost control and the recovery of long-term customer receivables, which led to a reversal of credit impairment losses. The company plans to continue leveraging its integrated resource advantages to build a comprehensive grain security assurance system, aligning with national strategic objectives.