Liaoning Port (02880) releases annual performance with a net profit attributable to equity holders of 1.307 billion yuan, an increase of 14.23% year-on-year.

Liaoning Port (02880) announced its annual performance for the year ending December 31, 2025. The group achieved a total revenue of RMB 11.359 billion, an increase of 2.64% compared to the previous year. The net profit attributable to the parent company's shareholders was RMB 1.307 billion, a 14.23% increase year-on-year, with basic earnings per share of RMB 0.05. The planned final dividend per share is RMB 0.0286. In 2025, the group's container and bulk grain business grew, and revenue from oil storage increased, effectively offsetting the decline in bulk cargo such as iron ore. The continuous optimization of business structure and cost reduction efforts were key factors in profit growth. However, a decrease in investment income compared to the previous year, due to the decline in performances of associated companies and one-off investment gains from the consolidation of two long companies in the previous year, restrained the profit growth. Overall, the net profit attributable to the parent company of the group increased by 14.2% year-on-year. In 2025, the group's total revenue increased by RMB 292 million, a growth of 2.6% year-on-year. This was mainly driven by the growth in revenue from container, bulk grain, and oil businesses. However, the decrease in volume of bulk cargo such as iron ore due to continued losses in the steel industry, reduction in container logistics services such as the China-Europe Express and intermodal transport, as well as constraints on revenue from hydropower business, restricted the growth in total revenue.