Phoenix Shipping (000520.SZ) announced first-half results, with net profit of 29.8899 million yuan to mother, an increase of 2329.69% over the previous year

According to the Zhitong Finance App, Phoenix Shipping (000520.SZ) released its 2026 semi-annual report. During the reporting period, the company achieved revenue of 673 million yuan, an increase of 95.70% over the previous year. Achieved net profit attributable to shareholders of listed companies of 298.899 million yuan, an increase of 2329.69% over the previous year. Achieved net profit of 276.909 million yuan after deducting non-recurring profit and loss attributable to shareholders of listed companies, an increase of 3200.73% over the previous year. Basic earnings per share were $0.0295.

According to the report, the increase in revenue was mainly due to a recovery in domestic market freight rates in the first half of 2026. The international ocean dry bulk shipping market showed strong performance, and both domestic and overseas navigation areas achieved significant growth in business revenue.