Sinotrans released its 2026 interim report, showing first-half net profit attributable to the parent of 1.725 billion yuan, down 11.4% year on year. Operating revenue was 46.452 billion yuan, down 8.1% year on year. Net profit attributable to the parent excluding non-recurring items was 1.64 billion yuan, up 17.3% year on year. Net operating cash flow was negative 858 million yuan, down 611.6% year on year. Second-quarter net profit attributable to the parent was 1.04 billion yuan, down 19.9% year on year. The company said it proactively exited part of its cross-border e-commerce logistics and logistics e-commerce platform businesses to optimise its strategic layout, while higher sea and air freight rates helped offset geopolitical shocks, with segment profit growing significantly.
Sinotrans Ltd Class AFirst-half net profit attributable to parent fell 11.4% to 1.725 billion yuan, with operating revenue down 8.1%.
