Financial Performance - Revenue for Q3 2024 rose by 11.2% to $398,958,000 compared to Q3 2023[2] - Profit attributable to equity holders decreased by 1.7% year-on-year to $81,859,000 in Q3 2024[2] - Revenue for the first nine months of 2024 increased by 5.8% to $1,108,769,000[3] - Profit attributable to equity holders for the first nine months decreased by 5.4% to $221,074,000[3] - Basic earnings per share for Q3 2024 decreased by 6.3% to 2.23 cents[2] Throughput Statistics - Total throughput increased by 5.1% year-on-year to 37,408,836 TEUs in Q3 2024[1] - Total throughput for the first nine months of 2024 increased by 7.1% to 107,267,337 TEUs[1] - The total throughput for the group as of September 30, 2024, was 37,408,836 TEUs, representing a 5.1% increase compared to 35,603,127 TEUs in the same period of 2023[18] - Total throughput in overseas regions increased by 4.0% year-on-year to 8,805,524 TEUs for the three months ending September 30, 2024, accounting for 23.5% of the group's total throughput[16] - Total throughput for the group for the nine months ending September 30, 2024, was 107,267,337 TEUs, up 7.1% from 100,175,999 TEUs in the same period of 2023[18] Regional Performance - In the Yangtze River Delta region, total throughput surged by 13.3% to 4,272,419 TEUs for the three months ended September 30, 2024, compared to 3,770,354 TEUs in the same period of 2023[12] - The total throughput in the Bohai Rim region increased by 5.1% to 12,889,080 TEUs for the three months ended September 30, 2024, compared to 12,261,670 TEUs in the same period of 2023[11] - The total throughput in the Pearl River Delta region rose by 4.4% to 7,712,337 TEUs for the three months ended September 30, 2024, compared to 7,390,310 TEUs in the same period of 2023[14] - The total throughput in the Southeast Coast and other regions decreased by 5.6% to 1,480,876 TEUs for the three months ended September 30, 2024, compared to 1,569,452 TEUs in the same period of 2023[13] - The total throughput for the Bohai Rim region reached 12,889,080 TEUs for the three months ending September 30, 2024, up 5.1% from 12,261,670 TEUs in the same period of 2023[18] Equity Throughput - The equity throughput for the three months ended September 30, 2024, was 11,736,527 TEUs, reflecting a 2.9% increase from 11,407,984 TEUs in the same period of 2023[9] - Equity throughput in overseas regions rose by 4.3% year-on-year to 3,423,585 TEUs, representing 29.2% of the group's equity throughput[16] - The equity throughput in the Yangtze River Delta region increased by 17.2% to 1,243,783 TEUs for the three months ended September 30, 2024, compared to 1,061,308 TEUs in the same period of 2023[12] - The equity throughput in the Bohai Rim region rose by 3.8% to 3,490,715 TEUs for the three months ended September 30, 2024, compared to 3,362,406 TEUs in the same period of 2023[11] Terminal Performance - Piraeus Container Terminal's total throughput decreased by 3.8% year-on-year to 1,149,158 TEUs due to route diversions around the Cape of Good Hope[16] - CSP Abu Dhabi Terminal's total throughput increased by 41.9% year-on-year to 475,604 TEUs, driven by the introduction of new shipping routes[16] - Qingdao Port International Co., Ltd. reported a throughput of 8,300,000 TEUs for the three months ending September 30, 2024, reflecting a 6.0% increase from 7,830,000 TEUs in the same period of 2023[18] - Dalian Container Terminal Co., Ltd. achieved a throughput of 1,357,989 TEUs for the three months ending September 30, 2024, marking a 12.9% increase from 1,202,732 TEUs in the same period of 2023[18] Strategic Initiatives - The overall throughput for the first three quarters increased by 7.1% year-on-year, supported by the integration strategy with the parent company[17] - Global trade is expected to continue its recovery, with increasing trade relations with emerging markets in ASEAN and Latin America[17] - The company plans to enhance service capabilities at key hub ports, including CSP Wuhan, Piraeus, and CSP Abu Dhabi[17] - Focus on innovation and digital transformation to improve core competitiveness and promote high-quality development[17] - Commitment to green port construction and upgrading energy structures to build a green port ecosystem[17] Miscellaneous - The financial data presented is unaudited and should not be relied upon for investment decisions as of September 30, 2024[21] - The board of directors includes a mix of executive and independent non-executive members, ensuring diverse oversight[21] - Investors are advised to consult professional advisors regarding their personal investment situations[21]
中远海运港口(01199) - 2024 Q3 - 季度业绩