Singamas Container Holdings Limited has announced that it expects to report a consolidated profit attributable to owners of the Company of not more than US$18 million for the year ended 31 December 2025. This represents a significant decrease compared to the consolidated profit of US$34.135 million recorded for the year ended 31 December 2024. The decrease in profit is primarily attributed to industry overproduction of containers in 2024, which led to a decline in the average selling price of dry freight containers and intensified market competition.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Singamas Container Holdings Limited published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260116-11993242), on January 16, 2026, and is solely responsible for the information contained therein.