Sinotrans Limited (00598) announced its interim results, with a net profit attributable to shareholders of approximately 1.725 billion yuan, a year-on-year decrease of 11.4%.
China Shipping (00598) announced its mid-term results for 2026, with operating revenue of approximately 45.452 billion yuan, a year-on-year decrease of 8.06%; net profit attributable to shareholders of the listed company approximately 1.725 billion yuan, a year-on-year decrease of 11.4%; net profit excluding non-recurring items approximately 1.64 billion yuan, a year-on-year increase of 17.33%; basic earnings per share 0.2404 yuan, with a cash dividend of 0.14 yuan per share (tax inclusive).
Sinotrans Limited (00598) announced its mid-term results for 2026, with operating revenue of approximately 45.452 billion yuan, a year-on-year decrease of 8.06%; net profit attributable to shareholders of the listed company was approximately 1.725 billion yuan, a year-on-year decrease of 11.4%; net profit excluding non-recurring items was approximately 1.64 billion yuan, a year-on-year increase of 17.33%; basic earnings per share were 0.2404 yuan, with a cash dividend of 0.14 yuan per share (tax included).
The announcement stated that the revenue decline was mainly due to the group's optimization of strategic layout and its proactive withdrawal from certain cross-border e-commerce logistics and logistics e-commerce platform businesses, aimed at achieving positive resource recovery. The growth in net profit excluding non-recurring items was primarily attributable to the company's deepening engagement with key industry clients, providing customized solutions around their supply chain changes, extending the service chain, and enhancing cost control, resulting in substantial profit growth across all major segments.
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