SITC posts 14.2% revenue rise for 9M 2026; declares HK$1.00 special dividend

Bulletin Express
Oct 22

SITC International Holdings Company Limited (SITC) reported unaudited operating data for the nine months ended 30 September 2026, highlighting double-digit revenue growth and the board’s approval of a one-off cash distribution.

Revenue advanced 14.20% year on year to USD 2.81 billion, up from USD 2.46 billion in the prior-year period. The increase outpaced volume growth, reflecting firmer pricing conditions across key intra-Asia lanes.

Total container throughput reached 2.91 million twenty-foot equivalent units (TEUs), a 5.90% rise versus 2.75 million TEUs a year earlier. The average freight rate climbed 9.40% to USD 825.90 per TEU, compared with USD 754.90 per TEU in the same period of 2025.

In light of the solid performance, the board announced a special dividend of HKD 1.00 (USD 0.13) per share. Shareholders on record as of the close of business on 11 December 2026 will be eligible, with payment scheduled for 17 December 2026. The register of members will be closed from 8 to 11 December 2026, inclusive, to determine dividend entitlements.

The disclosed figures are preliminary and unaudited, pending the release of the company’s formal financial statements.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10