On July 6, Xingtong Shipping released an announcement forecasting an increase in its semi-annual results for 2026.
The announcement discloses that during the forecast period (January 1, 2026, to June 30, 2026), Xingtong Shipping expects its net profit attributable to shareholders of the listed company for the first half of 2026 to range from RMB 210 million to RMB 223 million (approximately USD 31 million to USD 33 million). Compared to the same period last year, this represents an increase of RMB 74.7947 million to RMB 87.7947 million (approximately USD 10.9948 million to USD 12.9058 million), or a year-on-year rise of 55.16% to 64.75%.
Xingtong Shipping projects that its net profit attributable to shareholders of the listed company—excluding non-recurring gains and losses—for the first half of 2026 will range from RMB 155 million to RMB 176 million (approximately USD 23 million to USD 26 million). This represents a year-on-year increase of RMB 22.6806 million to RMB 43.6806 million, or a growth rate of 17.17% to 33.06%.
Xingtong Shipping stated that its performance growth in the first half of 2026 was primarily driven by expanded shipping capacity, route optimization, and continuous improvements to its fleet structure.
In the first half of 2026, Xing Tong Shipping continued to expand its high-quality shipping capacity and optimize its global route network. During the reporting period, the company added two new vessels, bringing a total of 39,300 deadweight tons of capacity into service, further enhancing the size of its fleet and its market competitiveness. At the same time, the company continued to focus on high-quality routes to Europe and the United States, strengthened cooperation with key clients, strictly maintained operational safety, and promoted cost reduction and efficiency improvements, resulting in a steady increase in profitability from its core business.
In addition, Xingtong Shipping disposed of two aging vessels during this period, phasing out high-energy-consumption, low-efficiency shipping capacity to optimize the fleet’s age profile and asset structure, and driving the fleet’s transition toward a younger, greener fleet. The disposal of these aging vessels generated solid gains from asset disposal, further boosting current-period profits and contributing to performance growth in the first half of the year.
According to information on its official website, Xingtong Shipping was established in December 1997 and is primarily engaged in the global maritime transportation of bulk liquid hazardous goods, including chemicals, refined oil products, and liquefied petroleum gas (LPG).
As of the end of 2025, Xingtong Shipping owned 40 vessels of various types, with a total carrying capacity of 501,300 deadweight tons. Its international routes span 47 countries and regions, calling at 214 ports worldwide, demonstrating a solid foundation for international operations.