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China Merchants South Oil (601975.SH) announced semi-annual results, with net profit of 812 million yuan to mother, an increase of 42.41% over the previous year
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Zhitong Finance App News, China Merchants Finance App (601975.SH) disclosed its 2026 semi-annual report. During the reporting period, the company achieved operating income of 3.309 billion yuan, an increase of 19.37%; net profit attributable to shareholders of listed companies was 812 million yuan, an increase of 42.41% year on year; net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was 732 million yuan, an increase of 29.27% year on year; basic earnings per share were 0.1,735 yuan.

At the end of the reporting period, the company operated 73 ships, totaling 2,8042 million dwt. The company mainly deals in the transportation of crude oil, refined oil products, chemicals and gas by sea. Business activities are mainly carried out through term chartering (including leasing and leasing), participating in market consortium (POOL) operations, signing COA contracts with major cargo owners, voyage chartering, and bareboat leasing. In terms of crude oil transportation, the company is mainly engaged in domestic coastal crude oil, foreign trade crude oil, and domestic and foreign trade fuel oil transportation.

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