Qingdao Port International Co., Ltd. released its unaudited results for the three months ended 31 March 2026.

Revenue reached RMB 5.15 billion, a 7.21% year-on-year increase, driven by higher port-handling and related service fees. Total profit edged up 1.69% to RMB 1.94 billion.

Net profit attributable to shareholders stood at RMB 1.37 billion, down 2.00% from the prior-year period, while core net profit after deducting non-recurring items was largely unchanged at RMB 1.37 billion (+0.12%). Basic and diluted earnings per share both declined to RMB 0.21 from RMB 0.22.

Operating cash inflow dropped 10.91% to RMB 1.10 billion, reflecting higher supplier payments and tax outlays. Investing cash outflow widened to RMB 646.53 million (-86.31% year-on-year), mainly due to increased spending on fixed assets and construction projects. Financing activities recorded a net outflow of RMB 59.27 million, reversing the RMB 1.32 billion inflow in the comparable period as new borrowings decreased.

The balance sheet remained solid. Total assets rose 2.91% versus end-2025 to RMB 68.52 billion, and equity attributable to shareholders expanded 3.02% to RMB 47.09 billion. Notable first-quarter movements included: • Financial assets held for trading surged to RMB 507.14 million (+7,003.51%) following new structured-deposit purchases. • Accounts receivable climbed 30.49% to RMB 2.56 billion on stronger business volumes. • Right-of-use assets increased 42.21% to RMB 445.27 million as additional warehouse and yard leases were recognised. • Short-term borrowings grew 50.86% to RMB 150.62 million, while notes payable rose 33.14% to RMB 344.56 million.

At quarter-end the company counted 31,544 ordinary shareholders. Shandong Port Qingdao Port Group Co., Ltd. remained the controlling shareholder with a 54.26% stake.

Management reported no other material events during the reporting period.