Pacific Shipping (02343.HK): Recorded a basic profit of $59.2 million in 2025; final dividend of 6 Hong Kong cents per share

NightAirdropper · 2026-03-05T03:59:47+00:00

Pacific Shipping Announcement shows that in 2025, the company's basic profit will be $59.2 million, with a basic earnings per share of 8.9 Hong Kong cents, net profit of $58.2 million, cash and deposits of $271 million, and no debt. The board proposes a final dividend of 6.0 Hong Kong cents per share. Core leasing revenue reaches $117 million, with an average daily operating profit of $820.

NightAirdropper

2026-03-05 03:59:47

Abstract generation in progress

Pacific Shipping (02343.HK) announced that for the year ending December 31, 2025, the company recorded a basic profit of $59.2 million, a net profit of $58.2 million, and a pre-tax, interest, depreciation, and amortization profit of $263 million, resulting in a basic earnings per share of 8.9 HK cents. As of December 31, 2025, the company had no liabilities (on a net basis), with cash and deposits totaling $271 million, and committed available working capital of $756 million. There are still 46 vessels not used as collateral. The board recommends a final dividend of 6.0 HK cents per share.

In 2025, the company’s core business of small and ultra-small dry bulk carriers under time charter agreements generated an average daily revenue of $11,490 and $12,850 respectively, totaling $117 million in revenue (excluding management expenses). The company’s operating activities, over 27,850 operating days, recorded an average daily profit of $820, generating $22.9 million in revenue (excluding management expenses).

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