Qingdao Port International Co (6198) Q1 2026 earnings summary

Executive summary

• Operating revenue for Q1 2026 reached RMB 5.15 billion, up 7.21% year-over-year.

• Net profit attributable to shareholders was RMB 1.37 billion, a decrease of 2.00% compared to Q1 2025.

• Total assets increased to RMB 68.52 billion as of March 31, 2026.

Financial highlights

• Operating revenue grew 7.21% year-over-year to RMB 5.15 billion.

• Net profit attributable to shareholders declined 2.00% to RMB 1.37 billion.

• Net cash flows from operating activities fell 10.91% to RMB 1.10 billion.

• Basic and diluted EPS both decreased to RMB 0.21, down 4.55% year-over-year.

• Weighted average return on net assets decreased by 0.29 percentage points to 2.96%.

Segment performance

• Investment income dropped significantly to RMB 192.8 million from RMB 386.9 million in Q1 2025.

• Research and development expenses increased to RMB 45.8 million from RMB 26.8 million year-over-year.