Financial Performance - Company revenue increased by 0.9% year-on-year to $1,454,353,000; profit attributable to equity holders rose by 5.8% to $324,557,000[3] - Gross profit decreased by 2.1% to $420,900,000, while the profit from joint ventures and associates fell by 3.3% to $297,900,000[3] - Basic earnings per share increased by 2.3% to 9.33 cents; the dividend payout ratio remained at 40%[3] - The net profit for the year was $394,280 thousand, up from $390,744 thousand in 2022, indicating a growth of approximately 0.4%[8] - The company reported a total comprehensive income of $366,204 thousand for 2023, a significant recovery from a loss of $204,622 thousand in 2022[8] - Operating profit for 2023 was $274,816 thousand, compared to $261,350 thousand in 2022, reflecting an increase of about 5.2%[7] - The profit attributable to the company's equity holders for 2023 was $324,557,000, an increase of 5.8% compared to $306,633,000 in 2022[48] - The total dividend paid for 2023 was $131,898,000, slightly up from $123,742,000 in 2022[44] Assets and Liabilities - Total assets as of December 31, 2023, amounted to $11,931,881,000, up from $11,326,353,000 in the previous year[6] - Total liabilities increased to $5,089,356,000 from $4,687,180,000 year-on-year[6] - The company’s net current liabilities stood at $69,006 thousand as of December 31, 2023, with sufficient resources to meet upcoming obligations[9] - Total non-current assets rose to $10,066,519 thousand in 2023, up from $9,566,393 thousand in 2022, reflecting an increase of 5.2%[33] - The group reported a total outstanding debt of $3,234,631,000 as of December 31, 2023, up from $2,908,623,000 in 2022[59] Cash Flow and Financial Expenses - Cash and cash equivalents stood at $1,162,926,000, compared to $1,069,317,000 in the previous year[5] - The group's net cash inflow from operating activities for 2023 was $482,447,000, an increase from $467,638,000 in 2022[58] - Financial expenses increased to $(171,189) thousand in 2023 from $(126,387) thousand in 2022, representing a rise of approximately 35.4%[7] - Net financial expenses for 2023 amounted to $143,191,000, up from $109,265,000 in 2022[40] Revenue and Throughput - Total throughput increased by 4.4% year-on-year to 135,808,554 TEUs; equity throughput rose by 3.1% to 43,381,201 TEUs[2] - Revenue for the operational segment was reported at $1,454,353,000, with a profit of $431,601,000 attributable to equity holders[28] - The total throughput for the group as of December 31, 2023, was 135,808,554 TEUs, representing a 4.4% increase from 130,107,074 TEUs in 2022[76] Investments and Acquisitions - Non-current asset additions totaled $431,477,000, indicating ongoing investment in property, plant, and equipment[28] - The group acquired a 30% stake in Xiamen Yuanhai Terminal for approximately $120,997,000, making it a wholly-owned subsidiary[58] - The acquisition of Xiamen Ocean Supply Chain Development Co., Ltd. contributed $31,351,000 in revenue for 2023[51] Market and Operational Strategy - The company plans to continue expanding its market presence and investing in new technologies[2] - The company aims to enhance its international layout across four dimensions: efficiency, network, assets, and personnel, to transform into a global operator[75] - The company plans to actively pursue global layout opportunities, particularly in emerging markets represented by RCEP, and optimize domestic port resource integration[75] Sustainability and Corporate Governance - The company emphasizes sustainable development, focusing on energy conservation and carbon reduction, and aims for carbon neutrality[86] - The company has fully complied with the corporate governance code as per the Hong Kong Stock Exchange listing rules as of December 31, 2023[78] - The company actively participates in ecological protection and resource conservation initiatives to mitigate impacts on biodiversity[90] Awards and Recognition - In 2023, the company received multiple awards, including the "Best Port Operator" and "Best Corporate Social Responsibility Company" from International Business magazine[84] - The company has been recognized for its corporate governance and transparency efforts, receiving several accolades in 2024[84]

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之內容概不負責，對其準確性或完整性亦不發表任何 聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因依賴該等內容而引致之任何損失承擔任何責任。 (於百慕達註冊成立之有限公司) (股份代號：1199) 截至 2023 年 9 月 30 日止第三季度 財務及業務情況 此公告為本公司自願性披露，藉此提升本公司良好的企業管治常規水平，並進一步加強本公司的 透明度及問責水平。本公司目前計劃在未來繼續公佈季度財務及業務情況。 中遠海運港口有限公司 (「本公司」或「中遠海運港口」) 董事會提呈本公司及其附屬公司 (「本 集團」) 截至2023年9月30 日止3個月及9個月的未經審核簡明綜合業績。 公佈截至 2023 年 9 月 30 日止 3 個月業績 ● 總吞吐量同比上升4.1%至 35,603,127 標準箱；權益吞吐量同比上升2.7%至11,407,984 標準箱 ● 公司收入同比上升2.7%至 358,902,000 美元 ● 公司股權持有人應佔利潤同比下降4.0%至83,312,000 美元 公佈截至 2023 年 9 月 30 日止 9 個月業績 ● ...

Financial Performance - Total revenue for the first half of 2023 was $688.9 million, a decrease of 2.2% compared to $704.6 million in the same period of 2022[9]. - The profit attributable to equity holders decreased by 15.4% to $150.3 million, down from $177.7 million in the first half of 2022[9]. - The group's profit attributable to equity holders for the first half of 2023 was $150,292,000, a decrease of 15.4% from $177,676,000 in the same period last year[26]. - Total profit from controlling and non-controlling terminals in the first half of 2023 was $214,706,000, a decrease of 2.2% compared to $219,477,000 in the same period of 2022[27]. - Operating profit decreased to $126,484 thousand from $135,943 thousand, indicating a decline of 6.5% year-over-year[93]. - The company reported a profit of $177,676,000 for the six months ended June 30, 2023, compared to $213,843,000 in the previous period, marking a decrease of about 16.9%[101]. - The company reported a basic and diluted earnings per share of 4.36 cents, down from 5.34 cents in the previous year[93]. - The interim dividend declared for the six months ended June 30, 2023, was 1.744 cents per share, compared to 2.128 cents per share in 2022, a reduction of 18.1%[165]. Throughput and Operational Metrics - The total throughput increased by 2.2% to 64,572,872 TEUs in the first half of 2023, compared to 63,210,330 TEUs in the same period of 2022[10]. - The throughput of non-controlling terminals increased by 4.9% to 49,841,382 TEUs, while the throughput of controlling terminals decreased by 6.0% to 14,731,490 TEUs[10]. - The equity throughput rose by 1.3% to 20,751,365 TEUs, with non-controlling terminals contributing 56.3% of this total[11]. - In the Bohai Rim region, total throughput increased by 8.4% to 22,515,008 TEUs, making it the largest contributing area to the group's total throughput[15]. - The Yangtze River Delta region saw an 8.9% increase in total throughput to 7,059,244 TEUs, driven by economic recovery[16]. - Total throughput in the Southeast Coast and other regions decreased by 15.3% to 2,777,699 TEUs compared to 3,280,185 TEUs in the same period last year[17]. - Total throughput in the Pearl River Delta region decreased by 8.1% to 12,744,315 TEUs from 13,866,357 TEUs year-on-year[18]. - Total throughput in the Southwest Coast region increased by 14.0% to 3,607,500 TEUs, making it the fastest-growing area in the group's total throughput[19]. - Total throughput in overseas regions increased by 1.4% to 15,869,106 TEUs, maintaining stability and accounting for 24.6% of the group's total throughput[20]. Financial Position and Liabilities - The total outstanding borrowings as of June 30, 2023, were $2,981,622,000, an increase from $2,908,623,000 as of December 31, 2022[39]. - The net debt to equity ratio (excluding lease liabilities) increased to 30.9% as of June 30, 2023, compared to 27.0% on December 31, 2022[40]. - The interest coverage ratio decreased to 3.6 times as of June 30, 2023, down from 5.2 times in the same period last year[40]. - The group’s total borrowings amounted to $2,981,622,000, with secured borrowings at $975,033,000 (32.7%) and unsecured borrowings at $2,006,589,000 (67.3%) as of June 30, 2023[41]. - Total liabilities increased to $4,805,285 thousand from $4,687,180 thousand, representing a rise of 2.5%[91]. - The company’s total liabilities as of June 30, 2023, were $2,227,735,000, an increase from $2,121,488,000 at the end of 2022, reflecting a growth of 5.0%[9][150]. Expenses and Cash Flow - Administrative expenses increased by 14.7% to $82,139,000 in the first half of 2023, compared to $71,632,000 in the same period of 2022, mainly due to increased costs related to Xiamen Haitou Supply Chain[32]. - Financial expenses rose by 40.8% to $81,007,000 in the first half of 2023, compared to $57,534,000 in the same period of 2022, attributed to rising interest rates on USD and EUR loans[34]. - Cash flow from operating activities was $214,908,000 in the first half of 2023, slightly down from $218,531,000 in the same period of 2022[38]. - The net cash flow from operating activities for the six months ended June 30, 2023, was $214,908,000, compared to $218,531,000 for the same period in 2022, indicating a decrease of about 1.5%[103]. - The company paid dividends of $13,088,000 to equity holders during the first half of 2023, down from $22,701,000 in the same period of 2022, reflecting a decrease of about 42.5%[105]. Strategic Initiatives and Future Outlook - The company aims to enhance operational efficiency and strengthen partnerships with port operators and shipping alliances to maximize value[8]. - The company plans to leverage its global network to improve service capabilities and achieve synergistic effects across its operations[8]. - The company aims to enhance its global port resource layout and capitalize on opportunities in emerging markets and regional markets[46]. - The company plans to accelerate its digital transformation and integrate green low-carbon initiatives into its operational management[47]. - The group will focus on "lean operations" to strengthen business marketing efforts and explore new shipping routes[47]. - The company is actively promoting the application of new energy and clean energy at its terminals to achieve carbon peak and carbon neutrality goals[83]. - The company is collaborating with business partners to create a 5G smart port demonstration area, enhancing digital service levels through technologies like AI and blockchain[84]. - The company aims to solidify its high-quality development and accelerate its efforts to become a world-class port operator despite global economic uncertainties[80]. Governance and Compliance - The company has fully complied with the Corporate Governance Code during the six months ending June 30, 2023, ensuring high levels of transparency and protection for shareholders[67]. - The company’s board of directors includes various committees, such as the Audit Committee, which reviews major accounting policies and financial data for the six months ending June 30, 2023[68]. - The company’s directors confirmed compliance with the required standards for trading the company’s securities during the six months ending June 30, 2023[72]. - The company is committed to maintaining high standards of financial reporting and governance, as evidenced by the involvement of independent auditors[184]. Acquisitions and Investments - The acquisition of a 56% stake in Xiamen Haitou Supply Chain Development Co., Ltd. was completed for approximately $94,410,000, with net cash outflow of $79,718,000 after accounting for cash acquired[175]. - The company acquired a 24.99% stake in Hamburger Hafen und Logistik Aktiengesellschaft for approximately $72,051,000, effective June 20, 2023[178]. - Additional 30% stake in Xiamen Yuanhai Container Terminal Co., Ltd. was purchased for approximately $124,704,000, completed on February 28, 2023[179].

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，概不對因本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。 (於百慕達註冊成立之有限公司) (股份代號：1199) 2023年中期業績公佈 公佈截至2023年6月30日止六個月業績 ● 總吞吐量同比上升 2.2%至 64,572,872 標準箱，其中，控股碼頭公司總吞吐量同比下降 6.0% 至 14,731,490標準箱；非控股碼頭公司總吞吐量同比上升 4.9%至49,841,382標準箱 ● 權益吞吐量同比上升1.3%至20,751,365標準箱，其中，控股碼頭公司總吞吐量同比下降3.0% 至 9,074,454標準箱；非控股碼頭公司權益吞吐量同比上升 4.8%至11,676,911 標準箱 ● 公司收入同比下降 2.2%至 688,873,000 美元；銷售成本同比下降 2.3%至 495,126,000 美元； 毛利同比下降 2.0%至193,747,000 美元，毛利率與上年基本持平為 28.1% ● 公司股權持有人應佔利潤同比下降15.4%至150,29 ...

Financial Performance - Revenue slightly decreased by 0.5% year-on-year to $328,027,000, despite the decline in throughput from controlled terminals, gross profit increased by 11.2% to $89,929,000 due to effective cost management[3] - Profit attributable to equity holders decreased by 17.9% year-on-year to $62,515,000, primarily impacted by a 16.4% decline in profits from joint ventures and associates to $69,001,000[2] - Basic earnings per share decreased by 20.9% to 1.82 cents, compared to 2.30 cents in the same period last year[3] Throughput Analysis - Total throughput remained stable year-on-year at 30,305,420 TEUs, with a decline of 11.1% in throughput from controlled terminals to 6,654,729 TEUs, while non-controlled terminals saw an increase of 3.7% to 23,650,691 TEUs[2] - The throughput of the group's controlled terminals decreased by 11.1% year-on-year to 6,654,729 TEUs, down from 7,487,432 TEUs in the same period of 2022, accounting for 22.0% of total throughput[10] - Non-controlled terminals saw a year-on-year increase of 3.7% in throughput, reaching 23,650,691 TEUs, compared to 22,804,156 TEUs in the same period of 2022[10] - The equity throughput for the group decreased by 2.5% year-on-year to 9,609,708 TEUs, down from 9,859,095 TEUs in the same period of 2022[10] - The total throughput for the overseas segment decreased by 1.5% to 7,654,634 TEUs, with notable declines in some terminals[19] - The total throughput for reefer terminals decreased by 2.1% to 90,150 pallets compared to the same period in 2022[20] - The overall throughput for the first quarter of 2023 was 30,305,420 TEUs, showing a slight increase of 0.0% compared to 30,291,588 TEUs in the same period last year[19] Asset and Liability Overview - Non-current assets increased to $10,299,235,000 as of March 31, 2023, compared to $9,959,472,000 as of December 31, 2022[4] - Total assets rose to $11,564,759,000 from $11,326,353,000, reflecting a growth in both current and non-current assets[5] - Total liabilities increased to $4,869,831,000 from $4,687,180,000, with current liabilities rising significantly[5] Strategic Focus - The company plans to continue quarterly financial disclosures to enhance transparency and accountability[1] - The company is focusing on cost control and operational efficiency to mitigate the impact of declining throughput on profitability[2] - The company aims to strengthen its global port network and expand its scale, focusing on investment opportunities in emerging and regional markets[18] - The company plans to enhance operational efficiency and cost reduction strategies to improve profitability and achieve sustainable development[18] - The company is committed to achieving a customer-centric approach to become a leading integrated port operator globally[18] Market Insights - In China, total terminal throughput increased by 0.6% year-on-year to 22,650,786 TEUs, representing 74.7% of the group's total throughput[11] - The Bohai Rim region's total throughput rose by 10.6% year-on-year to 10,554,580 TEUs, accounting for 34.8% of the group's total throughput[12] - The Yangtze River Delta region experienced a decline in total throughput of 6.3% year-on-year, totaling 3,333,179 TEUs, which is 11.0% of the group's total throughput[13] - The Southeast Coast and other regions saw a significant decline in total throughput of 20.6% year-on-year, reaching 1,260,014 TEUs, accounting for 4.2% of the group's total throughput[14] - The Pearl River Delta region's total throughput decreased by 8.4% year-on-year to 5,891,113 TEUs, representing 19.4% of the group's total throughput[15] - The overseas region's total throughput slightly decreased by 1.5% year-on-year to 7,654,634 TEUs, accounting for 25.3% of the group's total throughput[17] - The Southwest Coastal region's throughput rose by 14.7% to 1,611,900 TEUs, benefiting from increased trade activities with Southeast Asia[19] - The company anticipates a gradual recovery in the domestic and foreign trade markets as China's economy stabilizes[18]

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之內容概不負責，對其準確性或完整性亦不發表任 何聲明，並明確表示概不就因本公告全部或任何部份內容而產生或因依賴該等內容而引致之任何損失承擔任何責 任。 (於百慕達註冊成立之有限公司) (股份代號：1199) 2022 年全年業績公佈 公佈截至 2022 年 12 月 31 日止年度業績 ● 總吞吐量同比上升 0.6%至 130,107,074 標準箱；權益吞吐量同比上升 5.5%至 42,069,050 標 準箱 ● 控股碼頭公司總吞吐量同比上升 35.3%至 31,627,734 標準箱；非控股碼頭公司總吞吐量同 比下降7.0%至98,479,340標準箱 ● 公司收入同比上升 19.3%至 1,441,273,000美元；毛利同比上升 32.1%至429,678,000美元 ● 公司股權持有人應佔利潤，不計入一次性項目註同比下降 8.2%至305,163,000美元 財務摘要 百萬美元 2022年 2021年 變動 (%) 收入 1,441.3 1,208.3 +19.3 ...

Financial Performance - Gross profit for Q3 2022 increased by 32.0% to $102.3 million, compared to $77.5 million in Q3 2021[2] - Profit attributable to equity holders decreased by 0.6% to $85.7 million in Q3 2022, down from $86.1 million in Q3 2021[2] - Revenue for the first nine months of 2022 was $1,054.0 million, a 22.5% increase from $860.6 million in the same period of 2021[3] - Gross profit for the first nine months of 2022 rose by 32.9% to $300.0 million, compared to $225.8 million in the prior year[3] - Profit attributable to equity holders increased by 0.3% to $262.6 million in the first nine months of 2022, compared to $261.8 million in the same period of 2021[3] - The operating profit for the three months ended September 30, 2022, was $68,101,000, up from $55,115,000 in the same period of 2021, representing a growth of 23.5%[6] - The profit before tax for the nine months ended September 30, 2022, was $366,728,000, compared to $344,463,000 for the same period in 2021, an increase of 6.5%[6] Throughput Statistics - Total throughput increased by 1.4% year-on-year to 34,203,498 TEUs in Q3 2022, while equity throughput rose by 7.6% to 11,104,665 TEUs[1] - For the three months ended September 30, 2022, total throughput increased by 1.4% to 34,203,498 TEUs compared to 33,720,619 TEUs in the same period of 2021[8] - The total throughput for the nine months ended September 30, 2022, rose by 1.0% to 97,413,828 TEUs from 96,431,326 TEUs in the prior year[10] - The total throughput for the group as of September 30, 2022, was 34,203,498 TEUs, representing a 1.4% increase compared to 33,720,619 TEUs in the same period of 2021[19] - The total throughput for the group for the nine months ended September 30, 2022, was 97,413,828 TEUs, a 1.0% increase from 96,431,326 TEUs in the same period of 2021[19] Asset and Liability Overview - Total assets as of September 30, 2022, were $11,233.2 million, down from $12,033.3 million as of December 31, 2021[4] - Non-current assets decreased to $9,699.8 million as of September 30, 2022, from $10,511.7 million at the end of 2021[4] - Total liabilities decreased to $4,826.3 million as of September 30, 2022, from $5,092.7 million at the end of 2021[5] - Total equity as of September 30, 2022, was $6,406.9 million, down from $6,940.6 million as of December 31, 2021[4] Regional Throughput Performance - Total throughput in the Yangtze River Delta region increased by 1.9% year-on-year to 3,959,405 TEUs, accounting for 11.6% of the group's total throughput[13] - Total throughput in the Southeast Coast and other regions decreased by 0.1% year-on-year to 1,590,579 TEUs, representing 4.6% of the group's total throughput[14] - Total throughput in the Pearl River Delta region decreased by 1.7% year-on-year to 7,270,910 TEUs, accounting for 21.3% of the group's total throughput[15] - Total throughput in the Southwest Coast region increased by 15.1% year-on-year to 1,815,900 TEUs, representing 5.3% of the group's total throughput[16] - Total throughput in overseas regions increased by 2.5% year-on-year to 8,193,333 TEUs, accounting for 24.0% of the group's total throughput[17] Strategic Initiatives - The company plans to enhance marketing efforts and improve terminal revenue per box through "lean operations" strategy[18] - The company aims to strengthen collaboration with shipping alliances to increase the number of vessels calling at its terminals[18] - The company will accelerate the development of supply chain extension projects and explore new growth opportunities[18] - The company is committed to enhancing customer service capabilities to maintain its position as a leading global terminal operator[18] Cash and Financial Income - The group held approximately $1.21 billion in cash and cash equivalents as of September 30, 2022, supporting its dividend policy for 2022[18] - The financial income for the nine months ended September 30, 2022, was $10,445,000, up from $8,200,000 in the same period of 2021, an increase of 27.4%[6] Specific Terminal Performance - Qingdao Port International Co., Ltd. reported a throughput of 7,000,000 TEUs for the nine months ended September 30, 2022, a 12.2% increase from 17,830,000 TEUs in the same period of 2021[19] - Dalian Container Terminal Co., Ltd. achieved a throughput of 1,104,947 TEUs for the three months ended September 30, 2022, reflecting a 17.3% increase from 942,338 TEUs in the same period of 2021[19] - Tianjin Port Container Terminal Co., Ltd. recorded a throughput of 2,423,342 TEUs for the three months ended September 30, 2022, a 1.2% increase from 2,394,185 TEUs in the same period of 2021[19] Bulk and Automobile Throughput - Total bulk throughput for the three and nine months ended September 30, 2022, was 111,738,233 tons and 334,314,703 tons, representing increases of 12.4% and 9.9% respectively compared to the same periods in 2021[21] - Total automobile throughput for the same periods was 214,657 units and 570,219 units, showing an increase of 14.3% for the three months but a decrease of 6.9% for the nine months compared to 2021[21] - Reefer Terminal S.p.A. reported total refrigerated pallet throughput of 80,930 pallets and 268,774 pallets for the three and nine months ended September 30, 2022, reflecting decreases of 9.8% and 3.6% respectively compared to the same periods in 2021[21]

Financial Performance - The company's revenue for the first half of 2022 was $704.6 million, a 24.7% increase from $564.9 million in the same period of 2021[7]. - The gross profit for the first half of 2022 was $197.7 million, reflecting a 33.3% increase from $148.3 million in the previous year[7]. - The profit attributable to equity holders of the company was $177.0 million, slightly up by 0.8% from $175.6 million in the first half of 2021[7]. - The basic earnings per share for the first half of 2022 were 5.32 cents, a marginal increase from 5.30 cents in the same period of 2021[7]. - The profit for the period was $176,983 thousand, compared to $175,618 thousand in the same period of 2021, reflecting a slight increase of 0.78%[96]. - The total comprehensive income for the period was $(115,140) thousand, a significant decrease from $195,025 thousand in the previous year[96]. - Operating profit increased to $135,943 thousand from $104,695 thousand, reflecting a growth of 29.8% year-over-year[91]. - Net profit for the period was $212,966 thousand, compared to $197,458 thousand, marking an increase of 7.8%[91]. Throughput and Operations - For the first half of 2022, the total throughput increased by 0.8% to 63,210,330 TEUs compared to 62,710,707 TEUs in the same period of 2021[9]. - The throughput of the group's controlling terminals rose by 38.0% to 15,679,516 TEUs, up from 11,362,835 TEUs in the previous year[10]. - The equity throughput increased by 5.3% to 20,494,012 TEUs, compared to 19,465,295 TEUs in the first half of 2021[10]. - The throughput of non-controlling terminals decreased by 7.4% to 47,530,814 TEUs, down from 51,347,872 TEUs in the previous year[10]. - The controlling terminals accounted for 24.8% of the total throughput, while non-controlling terminals accounted for 75.2%[9]. - The total throughput in China decreased by 1.9% to 47,562,593 TEUs compared to 48,471,403 TEUs in the same period of 2021, accounting for 75.2% of the group's total throughput[14]. - The total throughput in the Pearl River Delta increased by 1.5% to 13,866,357 TEUs, compared to 13,662,407 TEUs in the same period of 2021, representing 21.9% of the group's total throughput[14]. - The total throughput in the Bohai Rim region decreased by 3.5% to 20,767,708 TEUs, down from 21,511,420 TEUs in the same period of 2021, accounting for 32.9% of the group's total throughput[15]. Financial Position - As of June 30, 2022, the total outstanding borrowings of the group were $3,034,431,000, down from $3,219,610,000 as of December 31, 2021[25]. - The total assets and liabilities of the group as of June 30, 2022, were $11,615,759,000 and $4,870,793,000, respectively, compared to $12,033,310,000 and $5,092,671,000 as of December 31, 2021[26]. - The net debt to equity ratio as of June 30, 2022, was 28.0%, slightly down from 28.2% as of December 31, 2021[26]. - The group's financial expenses for the first half of 2022 amounted to $57,534,000, up 2.8% from $55,986,000 in the same period of 2021[22]. - The group's administrative expenses for the first half of 2022 were $71,632,000, a 23.7% increase from $57,915,000 in the same period of 2021[22]. - The group recorded a net loss contribution from joint ventures and associates of $160,221,000 in the first half of 2022, down 8.5% from $175,181,000 in the same period of 2021[22]. Investments and Capital Expenditures - The group paid $140,226,000 in cash for the expansion of terminal berths and the purchase of properties, machinery, and equipment in the first half of 2022[24]. - The group acquired property, plant, and equipment worth $133.978 million in the first half of 2022, an increase from $80.098 million in the same period of 2021[133]. - Capital commitments as of June 30, 2022, totaled $1,145,304,000, down from $1,233,829,000 as of December 31, 2021, indicating a decrease of 7.1%[160]. Shareholder Information - A mid-term dividend of HKD 0.167 per share was declared for the year ending December 31, 2022, compared to HKD 0.164 per share in 2021[38]. - The company issued 67,928,424 new shares during the first half of 2022, increasing the total issued share capital to 3,383,224,798 shares[139]. - As of June 30, 2022, China COSCO Shipping Ports Limited has a total of 1,720,534,265 shares, representing 50.85% of the total issued shares[55]. - The company has a significant shareholder, China COSCO Shipping Corporation Limited, which holds 1,720,534,265 shares, accounting for 50.85% of the total issued shares[55]. Strategic Initiatives - The company aims to enhance its port and terminal operations through a unified management and operational system to maximize synergy and value[6]. - The company plans to expand its global terminal network, focusing on emerging markets in Southeast Asia, the Middle East, and Africa to enhance regional diversification of terminal assets[34]. - The company aims to improve terminal revenue per container and strengthen business marketing to continuously increase income[34]. - The company will continue to deepen its "lean operation" strategy to enhance control over terminals and build core competitiveness[34]. - The company is advancing technological innovation and accelerating the development of information systems, including the Terminal Operating System (TOS) and the Management Information System (MIS)[34]. Risk Management and Compliance - Financial risks include market risk (foreign exchange, price risk, cash flow, and fair value interest rate risk), credit risk, and liquidity risk, with no significant changes in risk management policies since year-end[115]. - The group has begun evaluating the impact of new standards and interpretations that have not yet come into effect, which may affect the presentation and measurement of certain items in financial statements[107]. - The group maintains a continuous assessment of tax provisions, which may be subject to significant judgment and could affect future tax liabilities[113]. - The company has complied with all provisions of the Corporate Governance Code during the six months ending June 30, 2022[60].

Financial Performance - Profit attributable to equity holders increased by 2.6% to $74,948,000[2] - Revenue for Q1 2022 was $329.7 million, up 24.2% from $265.3 million in Q1 2021[3] - Gross profit rose by 30.5% to $80.9 million, compared to $61.9 million in the previous year[3] - Operating profit for the period was $43.3 million, an increase from $34.8 million year-on-year[6] - Basic earnings per share rose by 2.7% to 2.26 cents, compared to 2.20 cents in the same period last year[7] Throughput Statistics - Total throughput increased by 0.3% year-on-year to 30,291,588 TEUs; equity throughput rose by 6.1% to 9,859,095 TEUs[9] - Total throughput of controlled terminals surged by 39.5% to 7,487,432 TEUs; non-controlled terminals' throughput decreased by 8.1% to 22,804,156 TEUs[2] - Total throughput for Q1 2022 was 30,291,588 TEUs, a slight increase of 0.3% compared to Q1 2021's 30,187,744 TEUs[10] - The total throughput in the Greater China region decreased by 3.6% year-on-year to 22,520,167 TEUs, accounting for 74.3% of the group's total throughput[11] - The Bohai Rim region's total throughput fell by 4.0% to 9,539,494 TEUs, representing 31.5% of the group's total throughput[12] - The Yangtze River Delta region's total throughput decreased by 3.3% to 3,557,167 TEUs, making up 11.8% of the group's total throughput[13] - The Southeast Coast region saw a 16.4% increase in total throughput to 1,586,044 TEUs, accounting for 5.2% of the group's total throughput[14] - The Pearl River Delta region's total throughput declined by 8.0% to 6,431,662 TEUs, representing 21.2% of the group's total throughput[15] - The Southwest Coast region experienced an 11.2% increase in total throughput to 1,405,800 TEUs, accounting for 4.6% of the group's total throughput[16] - Total overseas throughput increased by 11.7% to 7,771,421 TEUs, which is 25.7% of the group's total throughput[17] Operational Strategy - The company aims to enhance its global terminal network and develop port supply chain platforms to provide more value-added services[18] - The company will continue to focus on lean operations and cost control to maintain financial stability and support its dividend policy for 2022[18] Asset and Liability Overview - Total assets as of March 31, 2022, were $12,151.1 million, compared to $12,033.3 million at the end of 2021[4] - Total liabilities increased to $5,206.7 million from $5,092.7 million year-on-year[5] Specific Cargo Throughput - The total bulk cargo throughput for the three months ending March 31, 2022, was 22,427,830 tons, up 16.6% from 19,230,471 tons in the same period of 2021[20] - The total automobile throughput decreased by 7.3% to 188,080 units from 202,788 units year-over-year[20] - The company reported a total reefer pallet throughput of 92,054 pallets, an increase of 8.4% from 84,903 pallets in the same quarter of 2021[20] - The overseas throughput increased by 11.7% to 7,771,421 standard boxes compared to 6,958,978 standard boxes in the previous year[19] Acquisition Impact - The company completed the acquisition of a 20% stake in the Red Sea Gateway Terminal Company Limited on July 14, 2021, affecting the comparability of throughput data for the first quarter of 2022[20]