Core Viewpoint - The company plans to hold a performance briefing and online investor communication session on April 9, 2026, to discuss its 2025 annual performance report, which will be disclosed on April 3, 2026 [1]. Group 1 - The performance briefing will feature key executives, including the Chairman, CEO, and CFO, who will engage with investors regarding the company's 2025 annual performance [1]. - The event will be conducted online, allowing investors to participate remotely through the specified website [1]. - Investors are encouraged to submit their questions to the company's investor relations email by April 8, 2026, for discussion during the briefing [1].

Core Viewpoint - The company, China Merchants Port (00144), reported a revenue increase of 12.8% year-on-year, reaching HKD 13.354 billion, driven by business volume growth, but faced a decline in profit due to various financial factors [2]. Financial Performance - The profit attributable to equity holders decreased by 18.5% to HKD 6.457 billion, while the recurring profit fell by 13.8% to HKD 6.511 billion [2]. - Basic earnings per share were HKD 1.538, with a proposed final dividend of HKD 0.489 per share [2]. - Total assets as of December 31, 2025, amounted to HKD 177.534 billion, a 4.8% increase from the beginning of the year [2]. - Total liabilities rose by 5.1% to HKD 50.496 billion, compared to HKD 48.042 billion at the end of 2024 [2]. - Net assets attributable to equity holders increased by 6.3% to HKD 110.403 billion [2]. Operational Highlights - The company achieved a record container throughput of over 15 million TEUs at the Western Shenzhen Port, maintaining its leading position in the Guangdong-Hong Kong-Macao Greater Bay Area [3]. - The CICT in Sri Lanka strengthened its local market position with steady profit growth [3]. - The company signed a share purchase agreement for the Vast project in Brazil to expand its presence in Latin America [3]. - Container throughput at the TCP in Brazil exceeded 1.66 million TEUs, while the LCT in Togo became the first African terminal to regularly handle 24,000 TEU container ships, marking a 17.9% year-on-year increase [3]. - The Kumport in Turkey secured long-term service contracts, achieving a 22.8% year-on-year increase in container throughput [3].

Group 1 - The core viewpoint of the article highlights that China Merchants Port (00144) experienced a significant decline in its stock price, with a drop of over 4% in the afternoon session, currently trading at HKD 15.22, with a transaction volume of HKD 420.6 million [2] - The company reported a revenue of HKD 13.354 billion for the fiscal year 2025, reflecting a year-on-year increase of 12.8% [2] - However, the profit attributable to equity holders decreased by 18.5% to HKD 6.457 billion, and the recurring profit fell by 13.8% to HKD 6.511 billion, primarily due to a reduction in profits from joint ventures and increased credit loss provisions [2] - The proposed final dividend is HKD 0.489 per share, down from HKD 0.636 per share in the same period last year [2]

Core Viewpoint - The stock price of China Merchants Port (00144.HK) experienced a significant decline, with a drop of over 4% at one point, and is currently down by 3.12% to HKD 15.22, with a trading volume of HKD 42.06 million [2]. Group 1 - The stock price of China Merchants Port fell to HKD 15.22, reflecting a decrease of 3.12% [2]. - The trading volume reached HKD 42.06 million, indicating active market participation [2].

Core Viewpoint - China Merchants Port (00144) experienced a significant decline in stock price, dropping over 4% in the afternoon session, with a current price of HKD 15.22 and a trading volume of HKD 42.06 million [1] Financial Performance - For the fiscal year 2025, China Merchants Port reported a revenue of HKD 13.354 billion, representing a year-on-year increase of 12.8% [1] - The profit attributable to equity holders of the company decreased to HKD 6.457 billion, a decline of 18.5% year-on-year, while the recurring profit was HKD 6.511 billion, down 13.8% year-on-year [1] Factors Affecting Profitability - The decrease in profit was attributed to a reduction in profits from joint ventures amounting to HKD 14.45 billion year-on-year [1] - The fair value change of financial assets measured at fair value through profit or loss decreased by HKD 5.31 billion year-on-year [1] - The expected credit loss provision increased by HKD 6.05 billion year-on-year, further impacting profitability [1] Dividend Announcement - The company proposed a final dividend of HKD 0.489 per share, compared to HKD 0.636 per share in the same period last year [1]

Group 1 - The core viewpoint of the article is that China Merchants Port (00144.HK) reported an annual performance for the year ending December 31, 2025, showing a revenue increase of 12.8% year-on-year to HKD 13.354 billion, primarily driven by growth in business volume [1] - The profit attributable to equity holders of the company decreased by 18.5% year-on-year to HKD 6.457 billion, while the recurring profit fell by 13.8% to HKD 6.511 billion [1] - The basic earnings per share were HKD 1.538, and the proposed final dividend is HKD 0.489 per share [1] Group 2 - The decrease in profit was attributed to a reduction in profits from joint ventures by HKD 14.45 billion, a decrease in the fair value change of financial assets measured at fair value through profit or loss by HKD 5.31 billion, and an increase in expected credit loss provisions by HKD 6.05 billion [1]

Core Viewpoint - The company reported a revenue increase of 12.8% year-on-year, reaching HKD 13.354 billion, driven by growth in business volume, but faced a decline in profit attributable to equity holders by 18.5% due to various financial challenges [1] Financial Performance - Revenue for the year ending December 31, 2025, was HKD 13.354 billion, up 12.8% year-on-year [1] - Profit attributable to equity holders decreased to HKD 6.457 billion, a decline of 18.5% year-on-year [1] - Basic earnings per share were HKD 1.538, with a proposed final dividend of HKD 0.489 per share [1] - Total assets increased by 4.8% to HKD 177.534 billion, while total liabilities rose by 5.1% to HKD 50.496 billion [1] - Net assets attributable to equity holders increased by 6.3% to HKD 110.403 billion [1] Operational Highlights - The company aims to become a "world-class integrated port service provider" and has focused on reform, innovation, and development [1] - The Shenzhen Western Port Area achieved a record container throughput of over 15 million TEUs, leading the foreign trade market share in the Guangdong-Hong Kong-Macao Greater Bay Area [2] - The CICT in Sri Lanka has strengthened its local market position with steadily improving profitability [2] - The company signed a share purchase agreement for the Vast project in Brazil to expand its presence in Latin America [2] International Expansion - Container throughput at various overseas projects reached new highs, with TCP in Brazil exceeding 1.66 million TEUs and LCT in Togo becoming the first African terminal to regularly handle 24,000 TEU container ships, marking a 17.9% year-on-year increase [2] - The Kumport in Turkey secured long-term service contracts, achieving a 22.8% year-on-year increase in container throughput [2]

Core Viewpoint - The company reported a revenue increase of 12.8% for the fiscal year 2025, driven by growth in business volume, but faced a decline in profit due to various financial factors [1] Financial Performance - The group's revenue for 2025 was HKD 13.354 billion, up 12.8% year-on-year [1] - Profit attributable to equity holders decreased by 18.5% to HKD 6.457 billion, while recurring profit fell by 13.8% to HKD 6.511 billion [1] - Total assets as of December 31, 2025, were HKD 177.534 billion, an increase of 4.8% from the beginning of the year [1] - Total liabilities rose by 5.1% to HKD 50.496 billion [1] - Net assets attributable to equity holders increased by 6.3% to HKD 110.403 billion [1] Cash Flow Analysis - The net cash inflow from operating activities was HKD 9.472 billion, a 10.8% increase year-on-year [2] - Cash outflow from investment activities shifted from a net inflow of HKD 0.345 billion to a net outflow of HKD 2.503 billion [2] - Net cash outflow from financing activities decreased from HKD 9.637 billion to HKD 6.891 billion [2] Business Operations - The container business showed stable growth, with a total throughput of 151.29 million TEUs, up 3.8% year-on-year [3] - Domestic ports in mainland China, Hong Kong, and Taiwan achieved a throughput of 112.35 million TEUs, a 3.2% increase [3] - Overseas port projects recorded a throughput of 38.94 million TEUs, up 5.7% [3] - Bulk cargo throughput decreased by 5.3% to 530 million tons, with domestic ports in mainland China seeing a 5.6% decline [3]

EF001 發行人所發行上市權證/可轉換債券的相關信息 發行人所發行上市權證/可轉換債券 不適用 其他信息 其他信息 不適用 發行人董事 於本公告日期，董事會成員包括非執行董事馮波鳴先生（主席）及嚴剛先生；執行董事徐頌先生、陸永新先生及黃強中先生；獨立 非執行董事陳曉峰先生、陳遠秀女士、王志榮先生及黃珮華女士。 第 2 頁 共 2 頁 v 1.1.1 EF001 免責聲明 | 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何聲明，並明確表示，概不對因 公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 | | | --- | --- | | 股票發行人現金股息公告 | | | 發行人名稱 | 招商局港口控股有限公司 | | 股份代號 | 00144 | | 多櫃檯股份代號及貨幣 | 不適用 | | 相關股份代號及名稱 | 不適用 | | 公告標題 | 截至2025年12月31日止年度之末期股息 | | 公告日期 | 2026年3月31日 | | 公告狀態 | 新公告 | | 股息信息 | | | 股息類型 | 末期 | | 股息性質 ...

Financial Performance - Profit attributable to equity holders was HKD 6.457 billion, a decrease of 18.5% year-on-year (2024: HKD 7.919 billion) [4] - Basic earnings per share were HKD 1.538, down 18.5% year-on-year (2024: HKD 1.886) [4] - The net profit for the year was HKD 7.688 billion, down from HKD 9.081 billion in 2024 [6] - The group reported a profit attributable to equity holders of HKD 6,457 million in 2025, down from HKD 7,919 million in 2024, resulting in basic earnings per share of HKD 1.54 [30] - The attributable profit to equity holders decreased by 18.5% year-on-year to HKD 6.457 billion, while recurring profit fell by 13.8% to HKD 6.511 billion [59] Revenue and Growth - Revenue for the year was HKD 13.354 billion, an increase from HKD 11.842 billion in 2024 [5] - The total revenue for 2025 reached HKD 13,354 million, a 13.0% increase from HKD 11,842 million in 2024 [13] - Revenue from port operations amounted to HKD 12,447 million in 2025, up 13.2% from HKD 10,992 million in 2024 [13] - The revenue from warehousing services increased to HKD 705 million in 2025, representing a growth of 10.3% compared to HKD 639 million in 2024 [13] - The group’s revenue for the year ended December 31, 2025, was HKD 13.354 billion, an increase of 12.8% year-on-year, driven by business volume growth [59] Container Throughput - The total container throughput reached 151.29 million TEUs, an increase of 3.8% year-on-year (2024: 145.75 million TEUs) [4] - The group’s container throughput reached 151.29 million TEU in 2025, representing a year-on-year growth of 3.8% [48] - The container throughput in mainland China, Hong Kong, and Taiwan was 112.35 million TEU, up 3.2% year-on-year, driven by growth in the Shenzhen Western Port Area and the Yangtze River Delta [48][47] - The overseas port projects achieved a container throughput of 38.94 million TEU, reflecting a year-on-year increase of 5.7%, with significant contributions from Brazil and Turkey [55][47] - The Shenzhen Western Port Area completed a container throughput of 15.17 million TEU, a 3.3% increase year-on-year, benefiting from increased cargo volume from emerging markets [49] Assets and Liabilities - Total assets increased to HKD 177.534 billion from HKD 169.474 billion in 2024 [7] - Total assets as of December 31, 2025, amounted to HKD 177,534 million, with significant contributions from the port business and bonded logistics [20] - Total liabilities were reported at HKD 50,496 million, with a notable portion attributed to tax liabilities and deferred tax liabilities [20] - The group’s total assets as of December 31, 2025, increased by 4.8% to HKD 177.534 billion, while total liabilities rose by 5.1% to HKD 50.496 billion [59] Capital Expenditure - Capital expenditure for the year was HKD 1,141 million, reflecting ongoing investment in operations [17] - Capital expenditures for the year were HKD 1,478 million, demonstrating the company's commitment to growth and infrastructure development [18] Dividends - The company proposed a final dividend of HKD 0.489 per share, down from HKD 0.636 per share in 2024 [4] - The proposed final dividend for 2025 is HKD 0.489 per share, totaling HKD 2,053 million, compared to HKD 2,670 million for HKD 0.636 per share in 2024 [29] Operational Efficiency - The company reported a net financing cost of HKD 1.171 billion, a decrease from HKD 1.319 billion in 2024 [5] - The operating profit before financing costs, taxes, and share of profits from associates and joint ventures was HKD 5,276 million for the year ended December 31, 2025 [17] - The operating profit before financing costs, taxes, and share of profits from associates and joint ventures was HKD 5,084 million, reflecting a strong performance across various segments [18] - The group has optimized its operational processes and cost control measures, laying a solid foundation for overall operational quality improvement [44] Employee and Talent Management - The group employed 8,683 full-time employees as of December 31, 2025, with a total salary expenditure of HKD 2.315 billion, accounting for 28.3% of total operating expenses [68] - The group is focused on high-quality development, implementing a performance-based compensation system that aligns with market standards and industry benchmarks [69] - The group has initiated the "International Elite Talent Recruitment Program" to attract overseas talent with international perspectives and professional advantages [68] ESG and Sustainability Initiatives - The group is focusing on ESG initiatives, integrating climate change and biodiversity into daily operations to maintain the highest international ESG ratings in the port industry [46] - The group has implemented new ESG initiatives, aiming for a 30% reduction in carbon emissions by 2026 [97] - The group has made significant progress in green energy services, completing LNG ship-to-ship refueling operations for the first time at the Shenzhen Western Port Area [45] - The group has developed a comprehensive "battery swap + charging" network to support green energy infrastructure [45] - The group has implemented a "Mangrove Restoration Plan" to mitigate environmental impacts from construction projects, committing to double the area of mangroves replanted [71] Market and Economic Outlook - In 2025, global economic growth is projected at 3.3%, with developed economies growing at 1.7% and emerging markets at 4.4% [35] - China's GDP is expected to grow by 5.0% in 2025, achieving major development goals despite complex internal and external conditions [36] - The global economy is projected to grow by 3.3% in 2026, maintaining the same rate as 2025, with global trade expected to increase by 2.6%, down 1.5 percentage points from 2025 [77] Corporate Governance - The audit committee, composed of four independent non-executive directors, reviewed the financial statements for the year ending December 31, 2025 [83] - The company has adhered to corporate governance codes and will continue to review and update its practices to reflect best standards [86]