SITC (01308) Announces Interim Results with Shareholders' Profit of US$630 Million, Up 79.65% Year-on-Year

Stock News

08/15

SITC (01308) announced its interim results for the six months ended June 30, 2025, reporting revenue of US$1.664 billion, representing a year-on-year increase of 27.99%. Shareholders' profit reached US$630 million, up 79.65% compared to the same period last year. Basic earnings per share stood at US$0.24, and the company proposed an interim dividend of HK$1.3 per share.

According to the announcement, the revenue increase was attributable to the combined effect of: (i) container volume increasing approximately 7.3% from 1.7052 million TEU in the same period of 2024 to 1.8297 million TEU during the period; and (ii) average freight rates (excluding slot exchange income) rising approximately 22.8% from US$632.4 per TEU in the same period of 2024 to US$776.4 per TEU during the period.

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