China State Shipbuilding: First-Half Net Profit Expected to Rise 212.29%–273.39% Year-on-Year

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China State Shipbuilding disclosed its earnings forecast, expecting net profit attributable to owners of the parent company to reach 9.2 billion to 11 billion yuan in the first half of 2026, an increase of 212.29% to 273.39% year-on-year. During the reporting period, the company's order backlog structure further improved, with the number of delivered commercial shipbuilding products, the proportion of mid-to-high-end vessel types, and the average price per vessel all rising year-on-year, driving an improvement in operating performance. The company currently has a sufficient order backlog and a full production schedule.

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China CSSC Holdings Ltd
600150
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Company forecasts net profit up 212-273% YoY, driven by improved order backlog and higher vessel prices.