Core Viewpoint - Qinhuangdao Port Co., Ltd. reported a slight decline in revenue and net profit for the first half of 2025, indicating challenges in the coal market and the need for diversification in cargo sources [1] Financial Performance - The company's operating revenue for the first half of 2025 was 3.45 billion yuan, a year-on-year decrease of 0.30% [1] - Net profit attributable to the parent company was 988 million yuan, down 2.22% year-on-year [1] - Earnings per share remained stable at 0.18 yuan, unchanged from the previous year [1] Cargo Throughput - The total cargo throughput at Qinhuangdao Port reached 89.42 million tons, an increase of 0.31% compared to 89.14 million tons in the same period of 2024, reflecting a growth of 0.28 million tons [1] - The increase in throughput was primarily driven by steady coal production capacity release, despite a reduction in imported coal [1] Market Strategy - The company focused on strengthening coal marketing through long-term contracts to secure quality cargo sources [1] - Efforts were made to explore other cargo markets, resulting in growth in sand, large steel pipes, and grain shipments, which helped stabilize overall throughput [1]
秦港股份(03369.HK)中期归母净利9.88亿元 同比下降2.22%