SIPG posted a record net profit of 10.814 billion yuan in H1

In the first half of the year, the container throughput of SIPG's home port reached 22.545 million TEUs, ranking first in the world.

 

On August 29, Shanghai International Port Group (SIPG) announced its performance report for the first half of 2022.

 

During the reporting period, the operating income was 20.094 billion yuan, a year-on-year increase of 15.73%; The net profit attributable to shareholders of the listed company was 10.814 billion yuan, a year-on-year increase of 24.04%, the best level in history.

 

In terms of port throughput, during the reporting period, the container throughput of the home port reached 22.545 million TEUs, a year-on-year decrease of 1.7%, but it continued to remain the world's first. Among them, the container throughput of Yangshan Port was 11.814 million TEUs, accounting for 52.4% of the total container throughput of the port.

 

The completed cargo throughput was 243 million dwt, a year-on-year decrease of 9.9%. Among them, the bulk cargo throughput of the home port was 30.115 million dwt, a year-on-year decrease of 32.5%.

 

From January to July, the cumulative container throughput was 26.848 million TEUs, a year-on-year positive growth.

 

At present, SIPG is taking "smart ports, green ports, technological ports, and efficient ports" as its development direction, and is playing a more important role in serving the national strategy and the construction of Shanghai's "five centers".

 

Source: Xinde Marine News Sarah Yu

 

The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.