Manufacturing Capacity and Facilities Upgrade
Operates 5 factories in China with total annual capacity of about 270,000 TEU for dry freight and ISO specialized containers and combined capacity of ~21,000 units for tanks and customized containers. Huizhou plant upgraded with robotics/automation to boost ESS capacity; Shanghai plant expanded dedicated production line for high-value customized containers (BESS, AI data center). Shanghai customized container capacity increased to 7,200 units in 2025.
Rapid Growth in Customized/ESS Revenue Share
Customized container sales exceeded 13,000 units in 2025 and revenue contribution from ESS rose markedly from 16% in 2024 to 33% in 2025, indicating strong demand growth for energy storage containers.
Leasing Business Expansion and Strong Leasing Income Growth
Leasing fleet reported at about 18,000 TEU by end-2025. Finance lease interest income increased 47% year-on-year to USD 4.1 million, and operating lease income rose 176% year-on-year to USD 15.6 million, reflecting significant growth in leasing revenue contribution (leasing accounted for 8% of group revenue).
Large Manufacturing Segment Revenue
Manufacturing and leasing segment generated USD 447.8 million, representing approximately 93% of total group revenue, with segment profit before tax and noncontrolling interest of about USD 18.1 million.
Logistics Business Profitability
Logistics services revenue was USD 33.8 million with segment profit before tax and noncontrolling interest of USD 8.7 million, showing a profitable and contributory logistics operation.
Strategic ESG and Talent Initiatives
Green Tenaga (Singapore subsidiary) advanced BESS solutions, partnered with A*STAR ARTC to co-develop power energy management analytics, and launched ESS training collaboration with Institute of Technical Education to support talent development and ESG goals.
Strong Shareholder Payout
Total dividend for 2025 was HKD 0.05 per share (interim HKD 0.03 + final HKD 0.02), representing a payout ratio of about 88%, showing commitment to returning cash to shareholders.
Sales Volume and Product Mix Progress
Sold over 147,000 TEU of dry freight containers in 2025; customized container sales and ESS growth demonstrate diversification of revenue mix toward higher-value products.