Qingdao Port International Co (6198) investor relations material

Executive summary

• Revenue rose 10.8% year-over-year to RMB10,456 million, driven by higher container and logistics business volumes and optimized commercial policies.

• Net profit attributable to shareholders was RMB2,762 million, down 2.8% year-over-year, mainly due to lower non-recurring gains compared to the prior year.

• Excluding non-recurring items, net profit attributable to shareholders increased 2.1% year-over-year to RMB2,745 million.

• Cargo throughput reached 373.14 million tons (+3.2% YoY); container throughput was 18.22 million TEUs (+7.0% YoY).

• Gross profit margin improved to 41.28% (+1.96ppt YoY), mainly from container handling.

Financial highlights

• Total profit was RMB3,924 million, up 0.1% year-over-year.

• Basic EPS was RMB0.43, down RMB0.01 YoY; adjusted EPS (excluding non-recurring items) was RMB0.42, up RMB0.01 YoY.

• Return on total assets was 4.42% (-0.43ppt YoY); weighted average ROE was 5.86% (-0.61ppt YoY).

• Net cash inflow from operating activities was RMB3,295 million (+RMB536 million YoY).

• Interim dividend of RMB907.9 million (RMB1.399 per 10 shares) approved, representing 33% of net profit attributable to shareholders.

Outlook and guidance

• The company will focus on capacity expansion, efficiency, digital transformation, and green energy initiatives in H2 2026.

• Plans include expanding shipping lines, inland ports, and AI applications, and enhancing governance and risk management.

• Continued emphasis on risk management, governance, and compliance.