Qingdao Port International Posts Solid Mid-Year Growth

Qingdao Port International Co Ltd Class H (HK:6198) has released an update.

Qingdao Port International reported a net profit increase of 3.05% to RMB 2,642 million for the first half of 2024, with investment income from joint ventures and associated companies up by 8.33%. The company’s basic earnings per share also rose by 5.13%, reflecting a solid financial performance. The interim results were reviewed by the company’s audit committee and show a robust financial position with total assets amounting to RMB 61.94 billion as of 30 June 2024.

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