91.8 billion! COSCO SHIPPING Holdings Announces Results for the First Half of 2023

NO.1 COSCO SHIPPING Holdings Announces Results for the First Half of 2023

Recently, COSCO SHIPPING Holdings released the main performance data for the first half of 2023.

During the reporting period, the operating income of COSCO SHIPPING Holdings was 91.843 billion yuan (the same below); the profit before interest and taxes (EBIT) was 24.701 billion yuan; and the net profit was 19.676 billion yuan, of which the net profit attributable to shareholders of listed companies was 16.561 billion yuan.

During the reporting period, COSCO SHIPPING Holdings achieved a cargo volume of 11,395,328TEU, a year-on-year decrease of 8.6%. Among them, the cargo volume of the trans-Pacific route dropped the most, which was 14.5%, and the Asia-Europe route dropped by 6.7%.

NO.2 SIPG: Net profit in the first half of the year was about 7.328 billion yuan

SIPG released its semi-annual report on the evening of August 29. In the first half of the year, its operating income was about 16.111 billion yuan, a year-on-year decrease of 19.82%; its net profit was about 7.328 billion yuan, a year-on-year decrease of 32.24%; its basic earnings per share were about 0.32 yuan.

In the first half of the year, the cargo throughput of the company's home port was 276 million tons, a year-on-year increase of 13.6%; the company's home port container throughput was 23.737 million TEUs, a year-on-year increase of 5.3%; the company's water-to-water transfer completed 13.501 million TEUs, a year-on-year increase of 9.3%.

NO.3 Guangzhou Port's net profit in the first half of the year was 636 million yuan

Guangzhou Port announced its semi-annual report for 2023. During the reporting period, the operating income was 6.434 billion yuan, a year-on-year increase of 3.65%; the net profit attributable to shareholders of listed companies was 636 million yuan, a year-on-year decrease of 6.81%.

In the first half of 2023, among the company's main businesses, loading and unloading and related business income was 3.376 billion yuan, a year-on-year increase of 6.00%, accounting for 52.47% of operating income; trading business income was 1.962 billion yuan, a year-on-year increase of 4.84%, accounting for 30.50% of operating income; Logistics and port auxiliary business income was 906 million yuan, a year-on-year increase of 1.09%, accounting for 14.08% of operating income.

NO.4 Tianjin Port's net profit increased by 17.38% in the first half of the year

Tianjin Port Co., Ltd. (stock abbreviation Tianjin Port) recently released its semi-annual report. In the first half of the year, its operating income was about 5.339 billion yuan, a year-on-year decrease of 6.52%; the net profit attributable to shareholders of listed companies was about 614 million yuan, a year-on-year increase of 17.38%.

In addition, in the first half of 2023, Tianjin Port completed a cargo throughput of 224 million tons, a year-on-year increase of 0.99%, and completed a container throughput of 10.2662 million TEUs, a year-on-year increase of 2.26%.

NO.5 tight supply and demand! Prices for new boats are still rising

In August, the Clarkson new ship price index was 165.15 points, a 15-year high, up 6.7% from the beginning of the year.

The trend of the price index of different ship types diverged, and the rising trend of bulk carriers and gas carriers continued. The price indexes of new ships in August were 164.00 points and 191.55 points, respectively, up 5.7% and 8.7% from the beginning of the year; The monthly new ship price index was 205.92 points, up 6.6% from the beginning of the year; the container ship price index was 104.51 in August, up 2.3% from the beginning of the year, down 0.8% from the year's high.