Financial Performance - In 2024, the company recorded a net profit of $131.7 million and EBITDA of $333.4 million, achieving a return on equity of 7% and basic earnings per share of HKD 0.199[18]. - Revenue for 2023 reached $2,581.6 million, up from $2,296.6 million in 2022, representing an increase of approximately 12.4%[20]. - The company reported a net profit attributable to shareholders of $131.7 million, compared to $109.4 million in the previous year, marking a growth of about 20.4%[20]. - Cash and cash equivalents increased to $282.0 million from $261.5 million, reflecting a positive change in liquidity[20]. - The average return on equity improved to 7% from 6% year-over-year, suggesting enhanced profitability relative to shareholder equity[20]. - The net debt to equity ratio improved to 1% from a negative 2% in the previous year, reflecting better financial stability[20]. - The company maintained a strong financial performance with a total cash and deposits amounting to $282 million as of December 31, 2024[18]. - The company continues to generate healthy cash flow and maintains a robust financial position, allowing for counter-cyclical investments to support future growth and competitiveness[18]. Fleet and Operations - The average daily income for the company's small and ultra-small bulk carriers was $12,840 and $13,630 respectively, generating a total revenue of $178.4 million (excluding management expenses) in 2024[18]. - The average daily profit from operational activities was $630, generating $17.4 million in revenue (excluding management expenses) over 27,610 operational days[18]. - The average age of the fleet is 13 years, with a focus on maintaining a younger fleet to enhance operational efficiency[27]. - The company operates a fleet where 4% of the global fleet of ultra-flexible bulk carriers is under its management, highlighting its significant market presence[26]. - The company has contracted four new dual-fuel ultra-large bulk carriers capable of operating on green methanol and sustainable biodiesel, expected to be delivered in 2028 and 2029[18]. - The company plans to continue updating and expanding its fleet with a disciplined approach, focusing on acquiring high-quality, modern second-hand vessels while selling older, less efficient ones[75]. Sustainability and Emissions - The company plans to transition to net-zero emissions by 2050, marking the first new ship order since 2014 as part of its long-term decarbonization strategy[18]. - The company is committed to sustainable business development and has received high recognition for its efforts in environmental, social, and governance aspects[46]. - The company aims to enhance fuel procurement strategies, prioritizing access to green fuels such as green methanol and sustainable biodiesel[76]. - The company is committed to transitioning to net-zero emissions by 2050, marking a significant milestone with the new vessel orders[62]. - The carbon emission intensity in 2024 was 42% lower compared to the 2008 baseline, with a target to reduce it by over 50% by 2030[166]. - The company is preparing for new decarbonization regulations and has implemented measures to comply with the EU's emissions trading system starting in 2024[179]. Market Outlook and Challenges - The company is optimistic about long-term industry fundamentals but remains cautious about geopolitical uncertainties and challenges in the dry bulk shipping market for 2025[18]. - Global dry bulk shipping trade is expected to grow by approximately 6% in 2024, driven by strong demand for iron ore, coal, and minor bulk commodities from China[59]. - The dry bulk shipping market is expected to start weak in 2025 due to lower-than-expected grain export volumes in Q4 2024[85]. - Geopolitical tensions and economic policies may create market volatility, impacting freight rates and overall demand for dry bulk commodities[108]. Employee and Safety Initiatives - The company recorded 11 lost time injury incidents out of over 20,000,000 man-hours, resulting in a lost time injury frequency of 0.54, ranking among the best in the industry[69]. - The company aims to continue investing in training and technology to enhance safety and health, with a goal to eliminate work-related injuries and promote a healthy work environment[35]. - The company has implemented additional psychological screening tests for crew members before boarding to enhance mental health support[189]. - The company has established a dedicated sustainability committee to oversee its sustainability strategies and ensure effective implementation[196]. Shareholder Value and Governance - The board proposed a final dividend of HKD 5.1 per share, with total dividends representing 50% of the annual net profit, excluding gains from ship sales[53]. - The company completed a share buyback plan in December 2024, repurchasing and canceling 138 million shares at a total cost of approximately $40 million[54]. - The company is actively considering all measures to enhance shareholder value, including dividends, share buybacks, and investments in new green vessels[56]. - The company emphasizes building strong relationships with stakeholders, including customers and employees, to foster trust and support[162].

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 太平洋航運集團有限公司 (僅供識別) 呈交日期： 2025年3月14日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02343 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 | | 佔有關事件前的現有已發 | | | 每股發行/出售價 (註4) | ...

翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 FF305 公司名稱： 太平洋航運集團有限公司 (僅供識別) 呈交日期： 2025年3月13日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02343 | 說明 | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | | 庫存股份變動 | | | | | 事件 | 已 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 太平洋航運集團有限公司 (僅供識別) 呈交日期： 2025年3月10日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02343 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | 事件 | | 已發行股份（不包括庫存股份）數 目 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 太平洋航運集團有限公司 (僅供識別) 呈交日期： 2025年3月7日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02343 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 太平洋航運集團有限公司 (僅供識別) 呈交日期： 2025年3月6日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02343 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 太平洋航運集團有限公司 (僅供識別) 呈交日期： 2025年3月5日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02343 | 說明 | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | 已發行股份（不包括庫存股份）數 目 ...

表格類別： 股票 狀態： 新提交 公司名稱： 太平洋航運集團有限公司 (僅供識別) 呈交日期： 2025年3月4日 FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 不適用 | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) | 02343 | 說明 | | | | | | A. 已發行股份或庫存股份變動 | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | | | | 事件 | | | | 每股發行/出售價 (註4) | 已發行股份總數 | | | | 已發行股份（不包括庫存股 ...

Financial Data and Key Metrics Changes - In 2024, the company generated an EBITDA of $333 million, an underlying profit of $114 million, and a net profit of $132 million, resulting in a 7% return on equity and trading per share of 19.9% of sales [1] - The company has a strong balance sheet with net cash of approximately $20 million and committed liquidity of $548 million [1][14] - The total dividend recommended amounts to $61 million, representing 50% of the net profit for the full year, excluding vessel disposal gains [2][16] - The company completed a $40 million share buyback program, buying back and canceling 138 million shares, reducing issued share capital by 2% [2] Business Line Data and Key Metrics Changes - The core business generated $178 million before overheads, benefiting from a stronger freight market, while operating activity contributed $70 million with a margin of $630 per day over 27,610 days [1][11] - Average market spot freight rates for Handysize and Supramax increased by 24% year on year to $11,200 and $12,920 per day, respectively [3] - Dry bulk loading volumes grew approximately 2% year on year, driven by robust Chinese demand, while minor bulk loading decreased by 3% [5][6] Market Data and Key Metrics Changes - Thermal dry bulk demand growth, particularly from China for coal and bauxite, supported the trade market in 2024, despite a weakening market in the fourth quarter [3][4] - Grain loadings increased by 4% year on year due to increased loadings from Argentina and the U.S., while Ukraine grain loadings increased by 84% year on year [6][7] - Iron ore loadings increased by 4% year on year, driven by increased production from key exporters and strong Chinese demand [7] Company Strategy and Development Direction - The company aims to optimize capital allocation and maintain a robust capital structure to enable strategic investments and growth initiatives [17][29] - The company is focused on acquiring modern secondhand vessels while selling older, less efficient vessels to enhance shareholder value [3][24] - The long-term strategy includes transitioning to net zero emissions by 2050 and maximizing growth optionality through newbuilding vessels and long-term charters [25][26] Management's Comments on Operating Environment and Future Outlook - Management anticipates a weaker start to 2025 due to market corrections in the fourth quarter of 2024, but expects steady improvements in the first quarter of 2025 [4][60] - The company remains cautiously optimistic about the year ahead, prepared to seize opportunities arising from increased productivity [23][28] - Management highlighted that geopolitical tensions and trade tariffs could create volatility but may also provide advantages in the short term [41][42] Other Important Information - The company paid a total of $66 million in dividends, including final and interim dividends for 2023 and 2024 [16] - The company’s owned vessels have a total net book value of approximately $1.7 billion, with a market value estimated at $2 billion [17] - A new Chief Financial Officer, Jimmy Woo, will join the company in December 2025 [30] Q&A Session All Questions and Answers Question: Impact of U.S. potential actions on Chinese vessels - Management acknowledged that the majority of their ships are Japanese built, with only 25% being Chinese built, and noted that any regulations would impact trading patterns [34][35] Question: Outlook on dividends and impact of tariffs - Management confirmed a total 50% dividend for 2024 and a $40 million share buyback program, stating that U.S. tariffs may not significantly impact operations as the U.S. is not a major importer of dry bulk [39][40] Question: Percentage of owned fleet that is Chinese built - Management stated that 25% of the owned fleet is Chinese built, and they are always looking for opportunities in the market, including potential purchases from Chinese shipyards [44][45] Question: Cover ratio and rates in the first quarter of 2025 - Management indicated that the cover ratio is lower than the previous year, allowing for more flexibility to optimize ship positioning and maximize earnings [58][61]

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 | 太平洋航運集團有限公司* | *僅供識別 | | 股份代號 | 02343 | | | 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2024年12月31日止年度的末期股息 | | | 公告日期 | 2025年2月28日 | | | 公告狀態 | 新公告 | | | 股息信息 | | | | 股息類型 | 末期 | | | 股息性質 | 普通股息 | | | 財政年末 | 2024年12月31日 | | | 宣派股息的報告期末 | 2024年12月31日 | | | 宣派股息 | 每 股 0.051 HKD | | | 股東批准日期 | 2025年4月25日 | | | 香港過戶登記處相關信息 ...