SIPG(SH:600018)2018-01-12 16:00Financial Performance - In 2017, the total cargo throughput reached 561 million tons, an increase from 514 million tons in 2016, representing a growth of 9.1%[2] - The container throughput was 40.23 million TEUs, up from 37.13 million TEUs in 2016, marking a growth of 27.0%[2] - Total operating revenue for 2017 was RMB 37.33 billion, a 19.0% increase from RMB 31.36 billion in the previous year[4] - Operating profit rose to RMB 12.42 billion, reflecting a 34.7% increase compared to RMB 9.22 billion in 2016[4] - Net profit attributable to shareholders increased by 66.1% to RMB 11.53 billion from RMB 6.94 billion in 2016[4] - Basic earnings per share increased by 66.1% to RMB 0.4974, up from RMB 0.2994 in the previous year[4] - Total assets grew by 21.5% to RMB 141.93 billion from RMB 116.78 billion at the end of 2016[4] Investments and Acquisitions - The company acquired 50% equity in Shanghai Xiwaitan Development Co., Ltd., which contributed approximately RMB 2.26 billion to operating profit[6][10] - The conversion of the accounting method for the investment in Postal Savings Bank resulted in an increase of approximately RMB 1.98 billion in net profit attributable to shareholders[10] Cautionary Notes - The company cautioned that the reported financial data is preliminary and may differ from the final annual report by no more than 10%[11]