In the financial reporting season, the major ports have handed out different answers as the growth of the global port and shipping industry continues slowly.

    It is noteworthy that, in the announced performance of ports, in addition to Dalian Port, its average revenue maintained year-on-year growth; net profit data is relatively unsightly, Tianjin, Xiamen, Yantian, Hong Kong and Hong Kong have different levels of net profit decline.

I. Dalian Port

On August 24th, the Dalian Port released a mid-year report showing that it achieved revenue of 4.318 billion yuan in the first half of the year, a decrease of 33.4% year-on-year; net profit attributable to the mother was 239 million, a year-on-year increase of 7.9%.

For the collapse of revenue, Dalian Port explained that the main reason is that trade service revenue decreased by 55.8% year-on-year, and trade service revenue decreased because of its structural adjustments from the perspective of controlling risks, improving the quality of trade services, and profitability. Excluding the impact of the trade and services business, operating income increased by 7.2% year-on-year, mainly due to the increase in the volume of oil products, bulk grains, and ferry traffic, the expansion of container transit business, and the increase in berth rental fees, while the oil warehousing business decreased by 153 million. yuan.

Second, Tianjin Port

The results of Tianjin Port’s mid-term report released during the same period were relatively bleak. In the first half of the year, it achieved a total operating revenue of 6.794 billion yuan, an increase of 14.11%, and a net profit of 562 million yuan, a decrease of 13.48%.

Regarding the decline in performance, Tianjin Port stated that due to many factors such as production safety, environmental remediation, and auto transportation and coal outage policies, the company’s bulk bulk cargo throughput has declined, and its competitive advantage in scale has weakened. "Especially to implement the Beijing-Tianjin-Hebei air pollution prevention and control requirements, the company adjusted the way the coal is collected and transported to trains for train transportation, breaking the Tianjin Port's traditional mode of transportation and causing a certain impact on the company's bulk cargo operations."

Third, Xiamen Port

The results of the Xiamen Port Information Service are also not very optimistic. In the first half of the year, it achieved a total operating revenue of 6.483 billion yuan, an increase of 61.58%; and a net profit of 63.85 million yuan, a decrease of 23.09% from the same period of last year.

Xiamen Port stated in the announcement that the decline in net profit was mainly due to the increase in financial costs and depreciation and amortization after the Company's investment in the construction of the berths No.20 and No.21 of Haishu Port, which was transferred to fixed assets.

IV. Yantian Port

Yantian Port's net profit declined slightly. In its first-half operating performance report, Yantian Port achieved operating revenue of 157 million yuan, up 26.55% year-on-year, and net profit of 154 million yuan, down 3.01% year-on-year. Due to the expansion of the business scale of Huangshi New Port, the operating cost in the first half of the year increased significantly by 47.73% to 81.05 million yuan.

Yantian Port also stated that in the first half of this year, the container throughput of China's above-scale ports increased by 8.8%, and Yantian Port was one of the largest single port areas with the largest container throughput in the world. The company held shares of Yantian International (Phases I and II) and West Harbour Terminal Company. In the first half of this year, Yantian Port Area has completed a total throughput of 5.708 million TEUs, an increase of 4.43% year-on-year.

Fifth, Chongqing Hong Kong nine

In the evening of August 24th, the Chongqing Hong Kong-Kowloon Group reported an all-round improvement in its performance. In the first half of the year, it achieved revenue of 3.195 billion yuan, a year-on-year increase of 377.81%, and realized a net profit of 63.033 million, an increase of 80.76% year-on-year. At the same time as the performance started, the net cash flow of Chongqing Hong Kong 9 changed significantly, which was -191 million yuan, a year-on-year decrease of 247.99%.

As for the above results, Chongqing Gangjiu explained that the amount of revenue for the current period has increased significantly compared with the same period of last year, which was mainly due to the growth of logistics trading business during the period. The amount of net cash flow from operating activities in the current period decreased significantly compared with the same period of last year, which was mainly due to the increase in prepayments for the current period was greater than the increase in prepayments for the same period of the previous year.

6. Yingkou Port

The Yingkou Port published on the same day showed that it achieved revenue of 1.892 billion yuan in the first half of the year, an increase of 10.43% year-on-year; and a net profit of 255 million yuan, a year-on-year increase of 15.34%.

For the blink of an eye performance, Yingkou Port explained that it was affected by the multiple favorable factors such as the development of new ports, the promotion of integrated logistics business, and the development of Haiti Railroad.

7. Rizhao Port

On the evening of August 23, the annual report released by Rizhao Port showed that in the first half of the year it achieved a total operating revenue of 2.335 billion yuan, an increase of 8.01%; and a net profit of 227 million yuan, an increase of 41.59%.

Rizhao Port stated in the announcement that as the country’s import port of key energy raw materials, the cargo throughput of the port in the first half of the year has risen due to the impact of rising prices of international commodity raw materials and rising demand from the downstream steel and coal industries. In the first half of 2017, the total throughput of Rizhao Port was 183 million tons, a year-on-year increase of 3.8%. The ore, crude oil, coal, timber and grain all achieved rapid growth. The total port cargo throughput ranks 9th in the nation's coastal area.

Eight, Nanjing Port

According to the Nanjing Hong Kong Post, the total operating revenue in the first half of the year was 322 million yuan, an increase of 248.8% year-on-year; net profit was 46.17 million yuan, an increase of 213.21% year-on-year.

Nanjing Port also disclosed in its announcement that from January to June 2017, the company's oil product segment handled 10.24 million tons of natural tonnage, an increase of 12.90% over the same period of last year, and Longji Company completed a total of 1.42 million TEUs, an increase of 6.26 from the same period of last year. %.