Core Viewpoint - Zhujiang Shipping (00560) reported a decline in revenue and profit for the first half of 2025, reflecting challenges in the global trade environment and local market conditions [3] Financial Performance - The company recorded a revenue of HKD 1.315 billion, a year-on-year decrease of 5.3% [3] - Profit attributable to equity holders was HKD 26.662 million, down 60.3% year-on-year [3] - Basic earnings per share were HKD 0.0238 [3] Industry Context - The global trade environment is facing increased challenges due to rising trade tensions, geopolitical conflicts, and heightened economic uncertainty, which have complicated the recovery of global trade activities [3] - The shipping industry in Hong Kong is experiencing a downturn, with container handling volumes at multi-year lows [3] - The ongoing slump in the real estate market in mainland China has negatively impacted the sand and bulk cargo market [3] - The opening of the Shenzhen-Zhongshan Bridge last year has improved transportation connectivity in the Guangdong-Hong Kong-Macao Greater Bay Area, leading to a diversion effect on cross-border passenger flow [3] - Changes in external market conditions and industry transformations have significantly affected the company's freight logistics and waterborne cross-border passenger services [3]
珠江船务发布中期业绩，股东应占溢利2666.2万港元，同比下降60.3%