The earnings call highlighted significant liquidity strength, strategic investments in green technology, and strong dividend and share buyback activities, boosting confidence. However, these were tempered by notable declines in freight rates and net profit, alongside concerns about reduced Chinese demand and potential regulatory impacts. Despite these challenges, the company shows resilience with strategic initiatives aimed at long-term growth and sustainability.

Company Guidance

During Pacific Basin's 2025 Interim Results Conference Call, several key financial metrics were highlighted. The company reported an EBITDA of USD 122 million and a net profit of $26 million for the first half of 2025, resulting in a 3% annualized return on equity and basic earnings per share of HKD 0.039. Their core business contributed USD 51 million before overheads, despite a decrease from $77 million in 2024. Pacific Basin's net cash increased to $66 million, and they secured a new 7-year revolving credit facility of $250 million, enhancing their liquidity to $550 million. An interim dividend of HKD 0.16 per share was declared, amounting to $10.4 million or 50% of net profit, excluding vessel disposal gains. The company has been active in share buybacks, spending $21 million to repurchase and cancel about 93 million shares. In terms of market performance, the company outperformed market indices with TCE earnings of $11,010 for Handysize and $12,230 for Supramax, both down year-on-year but significantly above spot market rates. Operating margins improved by 29% year-on-year to $710 per day. The company also maintained its sector-leading vessel costs, with cash breakeven before G&A at $4,760 per day for Handysize and $4,890 for Supramax.

Strong Liquidity Position

The company reported a net cash increase to $66 million and available committed liquidity stands at $550 million, supported by a new 7-year revolving credit facility of $250 million.

Dividend and Share Buyback Program

An interim dividend of HKD 0.16 per share was declared, amounting to $10.4 million. Additionally, $21 million was spent to buy back and cancel about 93 million shares, equating to 1.8% of share capital.

Supramax and Handysize Rate Outperformance

Despite a general market decline, average daily TCE earnings for Handysize and Supramax vessels outperformed the market by 27% and 40%, respectively.

Improvement in Freight Market

Freight rates for Handysize and Supramax vessels increased by 23% and 50%, respectively, since the start of the year, driven by congestion in South Atlantic ports and recovery in iron ore and soybean exports.

Strategic Investments in Green Technology

The company is investing in dual fuel low-emission vessels (LEVs) and has signed MOUs for green methanol sourcing as part of its decarbonization strategy.

Pacific Basin Shipping (HK:2343) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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HK:2343 Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 26, 2026	2025 (Q4)	- / -	0.112	―	―	―
Aug 07, 2025	2025 (Q2)	- / 0.04	0.086	-54.55% (-0.05)
Feb 28, 2025	2024 (Q4)	- / 0.11	0.036	211.11% (+0.08)
Aug 08, 2024	2024 (Q2)	- / 0.09	0.133	-35.29% (-0.05)	―
Feb 29, 2024	2023 (Q4)	- / 0.04	0.357	-89.92% (-0.32)
Jul 31, 2023	2023 (Q2)	- / 0.13	0.665	-80.00% (-0.53)	―	―
Feb 23, 2023	2022 (Q4)	- / 0.36	1.129	-68.38% (-0.77)	―	―
Jul 29, 2022	2022 (Q2)	- / 0.67	0.235	183.33% (+0.43)	―	―
Feb 24, 2022	2021 (Q4)	- / 1.13	0.023	4808.70% (+1.11)	―	―
Jul 29, 2021	2021 (Q2)	- / 0.23	-0.36	165.22% (+0.60)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HK:2343 Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	HK$2.27	HK$2.28	+0.44%
Feb 28, 2025	HK$1.59	HK$1.51	-4.84%
Aug 08, 2024	HK$2.08	HK$2.04	-1.83%
Feb 29, 2024	HK$1.98	HK$2.12	+7.02%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Pacific Basin Shipping Limited (HK:2343) report earnings?

Pacific Basin Shipping Limited (HK:2343) is schdueled to report earning on Feb 26, 2026, TBA (Confirmed).

What is Pacific Basin Shipping Limited (HK:2343) earnings time?

Pacific Basin Shipping Limited (HK:2343) earnings time is at Feb 26, 2026, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Pacific Basin Shipping Limited stock?

The P/E ratio of Pacific Basin Shipping is N/A.

What is HK:2343 EPS forecast?

Currently, no data Available

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