Hainan Strait Shipping Co Ltd

Haixia Co. released its 2026 interim report, with total operating revenue of 2.839 billion yuan, up 4.33% year on year, and net profit attributable to the parent of 135 million yuan, up 7.59% year on year. Net cash inflow from operating activities was 1.07 billion yuan, up 1.80% year on year, marking a second consecutive year of growth. The company's asset-liability ratio was 35.71%, down 8.13 percentage points year on year; gross margin was 40.26%, up 3.26 percentage points year on year; ROE was 3.33%, up 0.14 percentage points year on year. Diluted earnings per share rose 7.09% year on year, total asset turnover rose 24.44% year on year, and inventory turnover rose 1.11% year on year. The number of shareholders was 72,200, and the top ten shareholders held 75.12% of total share capital.

Hainan Strait Shipping Co., Ltd. announced that its wholly-owned subsidiary, COSCO Shipping Ferry Co., Ltd., recently received a government grant of 103 million yuan. The grant is related to income and accounts for 59.25% of the company's audited net profit attributable to shareholders of the listed company for 2025. The company stated that, in accordance with relevant provisions of the Accounting Standards for Business Enterprises, the grant will be recognized as other income and included in the current profit and loss for 2026, which will have a positive impact on the company's operating performance in 2026. The above data is unaudited, and the specific accounting treatment is subject to the results confirmed by the auditor's annual audit.