SITC International Holdings Company (1308) H2 2025 earnings summary

Executive summary

• Revenue rose 11.6% year-over-year to US$3,411.6 million, driven by higher shipping volumes and increased freight rates.

• Net profit increased 19.0% to US$1,230.4 million, with basic EPS at US$0.46, up from US$0.39.

• Gross profit margin improved to 38.4% from 37.4% year-over-year.

• Final dividend of HK$1.00 (US$0.13) per share proposed, subject to shareholder approval.

Financial highlights

• Gross profit increased 14.7% to US$1,310.5 million.

• Cost of sales rose 9.7% to US$2,101.1 million, mainly due to higher equipment and cargo transportation costs.

• Other income and gains (excluding investment income) rose to US$45.0 million, mainly from vessel disposals.

• Finance costs slightly decreased to US$15.6 million.

• Cash and bank balances plus time deposits totaled US$781.2 million at year-end.

Outlook and guidance

• Market outlook for 2026 remains positive, with steady global trade growth expected but ongoing uncertainties from the Red Sea crisis and regional competition.

• Focus remains on Asia, efficiency, and cost management, with continued investment in vessels and logistics projects.