KLN (00636) Reports Interim Results with Shareholders' Profit of HK$648 Million, Up 9.87% Year-on-Year

Stock News
08/28

KLN (00636) announced its results for the six months ended June 30, 2025. The group recorded revenue of HK$27.211 billion during the period, representing a 7% year-on-year increase. Core net profit reached HK$681 million, up 12% year-on-year, while profit attributable to company shareholders totaled HK$648 million, an increase of 9.87% year-on-year. Basic earnings per share stood at HK$0.36, and the company proposed an interim dividend of HK$0.11 per share.

In the first half of 2025, KLN Group's integrated logistics business segment profit grew by 5%. The two major markets of Hong Kong and mainland China continued to be affected by global trade tensions and changing consumption patterns. Despite the challenging business environment in both markets, the group managed to offset the decline in segment profit through growth in other Asian markets and enhanced cost control measures within its network.

The international freight market faced multiple challenges including changes in trade policies, geopolitical tensions, tariff fluctuations, and the ongoing Red Sea crisis. Despite the harsh market conditions, KLN Group's international freight business achieved a 22% increase in segment profit, leveraging its diversified product portfolio across industries and trade routes.

The group is preparing to comply with the new climate disclosure requirements set by the Hong Kong Stock Exchange, which align with the International Sustainability Standards Board's IFRS S2 standard. To enhance transparency, the group is collecting detailed operational data on greenhouse gas emissions and identifying areas with significant environmental impact. KLN is also exploring alternative fuels, such as sustainable marine and aviation fuel options, to support its net-zero emissions target.

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