SINOTRANS Reports First-Quarter Net Profit of Approximately 681 Million Yuan, Up 5.65%

Stock News

Apr 28

SINOTRANS (00598) announced its first-quarter results for 2026. During the period, the company achieved revenue of approximately 21.549 billion yuan, representing a decrease of 9.35% compared to the same period last year. Net profit attributable to shareholders of the listed company was about 681 million yuan, an increase of 5.65% year-on-year. Basic earnings per share were 0.095 yuan.

From January to March 2026, the Group received government grants related to income totaling 453 million yuan. These grants primarily consisted of subsidies closely related to the Group's daily operations. Notably, significant government grants exceeding 10 million yuan each were all associated with financial subsidies for logistics business.

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