Shenzhen Transsion 1H net income 1.21B yuan

Shenzhen Transsion 1H net income 1.21B yuan

Shenzhen Transsion Holdings Co., Ltd. (SHSE: 688036) has reported its first-half (1H) 2025 financial results, revealing a net income of 1.21 billion yuan. The company's earnings for the period ended June 30, 2025, indicate a significant improvement compared to the same period last year, despite the volatile market conditions.

Key Financial Highlights:

- Revenue: Revenue for the first half of 2025 increased by 15% to 79.546 billion yuan, compared to 69.139 billion yuan in the first half of 2024.
- EBITDA: EBITDA for the period was 50 million yuan, up from 42.9 million yuan in the first half of 2024.
- Net Income: Net income for the period was 1.21 billion yuan, compared to a net profit of 1.12 billion yuan in the first half of 2024.
- EPS: Basic earnings per share (EPS) for the period was 0.139 yuan, up from 0.103 yuan in the first half of 2024.

Market Conditions and Fleet Renewal:

The dry bulk shipping market remains volatile, with freight rates showing steady improvement in the second quarter of 2025. However, market confidence remained under pressure due to global economic and financial instability. Shenzhen Transsion focused on enhancing its fleet quality and adjusting its fleet profile, contributing to the company's competitive edge.

During the first half of 2025, Shenzhen Transsion entered into agreements to dispose of two aging Supramaxes and acquired an Ultramax, further strengthening its market competitiveness and long-term sustainability.

Upcoming Events:

Investors should keep an eye on the upcoming quarterly earnings releases, particularly the Q2 2025 earnings release scheduled for August 27, 2025.

References:

[1] https://www.marketscreener.com/quote/stock/SHENZHEN-TRANSSION-HOLDIN-66660731/calendar/
[2] https://www.tradingview.com/news/reuters.com,2025-08-26:newsml_Obi3svYga:0-second-quarter-and-half-yearly-report-for-the-quarter-and-six-months-ended-30-june-2025/