JINHUI HOLDINGS (00137) announced its interim results, with the net profit attributable to shareholders amounting to HKD 30.764 million, a decrease of 42.86% compared to the same period last year.

JINHUI HOLDINGS (00137) announced its interim results for 2026, reporting an operating revenue of approximately HKD 540 million, a 13% decrease year-on-year; the net profit attributable to shareholders was HKD 30.764 million, down 42.86% year-on-year; and the basic earnings per share was HKD 0.058. According to the announcement, the decline in operating revenue during the period was mainly due to a reduction in the number of vessels operated following the sale of eight super-flexible vessels last year. As of June 30, 2026, the group operated a fleet of twenty-one vessels, compared to thirty-two vessels during the same period last year. The announcement stated that the net profit for the same period last year included a significant and non-recurring compensation income of approximately HKD 157.7 million from a breach of a charter contract, while only HKD 2.7 million was received for this compensation during the current period. Excluding this single item, the group's basic financial performance in the first half of 2026 showed steady improvement, primarily benefiting from a stronger market environment, increasing freight rates, and stringent cost control measures, with the impact of the reduced number of vessels in operation during the period set aside.