Recently, Fujian Guohang Ocean Shipping (Group) Co., Ltd (Guohang Ocean Shipping) released its financial report for the first half of 2024.
The report shows that under the context of 58.70% year-on-year increase in BDI (Baltic Dry Index), the company has actively expanded its international operation routes, and the proportion of foreign trade revenue has risen significantly, which has pushed the performance to realize substantial growth.
According to the financial data, Guohang Ocean Shipping realized an operating income of RMB 460,702,792.68 (about US$64.6 million) in the first half of this year, an increase of 2.51% year-on-year, of which the foreign trade income was RMB 354,049,814.38 (about US$49.64 million), accounting for 76.85%; net profit attributable to shareholders of the listed company amounted to RMB67,474,960.91 ( about US$94.6 million), representing a significant increase of 308.52% year-on-year; net profit after deducting non-operating gains and losses amounted to RMB42,705,551.28 (about US$59.87 million), representing an increase of 268.39% year-on-year.
The Company’s performance in terms of operational efficiency was also quite outstanding, with various operational targets successfully reached, the capacity structure upgrade plan advanced in an orderly manner. In the first half of this year, three new green, low-carbon and smart ships were under construction, and two of the newly built ships last year have been put into formal operation, which has significantly improved the company’s capacity scale and operational efficiency.
The report emphasized that the company will continue to increase the optimization and upgrading of its capacity structure. In addition to accelerating the construction of new energy ships, it will also dismantle or sell the existing old ships. The upgrading of the capacity structure will further enhance the company’s operational efficiency, strengthen its competitive advantages, and realize the double enhancement of economic benefits and green environmental protection.
