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Haitong Development (603162.SH) announced its first-half results, with net profit of 523 million yuan to mother, an increase of 502.60% over the previous year
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According to Zhitong Finance App News, Haitong Development (603162.SH) released its 2026 semi-annual report. During the reporting period, the company achieved operating income of 3.471 billion yuan, a year-on-year increase of 92.78%, achieved net profit attributable to shareholders of listed companies of 523 million yuan, an increase of 502.60% over the previous year, and realized net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss of 521 million yuan, an increase of 507.25% over the previous year. Basic earnings per share were $0.39.

Operating revenue increased by 92.78% during the reporting period, mainly due to the recovery in domestic market freight rates in the first half of 2026, and the strong performance of the international ocean dry bulk shipping market. Coupled with the company grasping the market cycle to continue to expand and control the scale of capacity while actively expanding the outsourced ship transportation business, both domestic and overseas navigation areas achieved significant growth in business revenue.

The increase in net profit is mainly due to the recovery in domestic market freight rates in the first half of 2026, and the strong performance of the international ocean dry bulk shipping market. Coupled with the company grasping the market cycle and continuing to expand the scale of capacity control while actively expanding the outsourced ship transportation business, both domestic and overseas navigation areas achieved significant growth in business revenue and gross profit, and total profit increased this year.

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