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]
中远海运港口(01199) - 2022 Q1 - 季度财报