The earnings call presents a mixed picture with notable improvements in liquidity, freight rate recovery, and operating performance. However, these are balanced by significant challenges, including a decline in revenue and net profit, market challenges in China, and regulatory concerns with the USTR 301 plan. The insights indicate cautious optimism but underline ongoing challenges.

Company Guidance

During the Pacific Basin 2025 Interim Results Announcement Conference Call, CEO Martin Fruergaard and CFO Jimmy Ng provided comprehensive guidance on the company's financial performance and strategic outlook. In the first half of 2025, the company reported an EBITDA of USD 122 million, an underlying profit of USD 22 million, and a net profit of USD 26 million, translating to a 3% annualized return on equity and basic earnings per share of HKD 0.039. The Board declared an interim dividend of HKD 0.16 per share, equating to USD 10.4 million or 50% of net profit, excluding vessel disposal gains. Pacific Basin's liquidity was bolstered by a new USD 250 million revolving credit facility, enhancing its financial strength and growth strategy. Despite a challenging freight market with spot rates for Handysize and Supramax vessels dropping by 21% and 34% year-on-year, the company maintained a strong operational performance, outperforming market indices by 27% and 40% for Handysize and Supramax, respectively. Looking ahead, the company remains optimistic about market recovery, driven by factors such as increased soybean exports from Brazil and potential economic stimuli in China, while maintaining a strategic focus on fleet renewal and growth.

Increased Liquidity

Net cash increased to $66 million, and available committed liquidity stands at $550 million. A new 7-year revolving credit facility of $250 million was signed in July.

Dividend and Share Buyback

The Board declared an interim dividend of HKD 0.16 per share, amounting to $10.4 million. Pacific Basin has distributed 153% of net profit for the first half of 2025 through dividends and share buybacks.

Freight Rate Recovery

Spot freight rates for Handysize and Supramax vessels increased by 23% and 50%, respectively, since the start of the year.

Operating Activity Outperformance

Outperformance over average spot market rates by $2,320 (27%) per day for Handysize and $3,480 (40%) per day for Supramax.

Reduced Finance Costs

Finance costs declined due to lower borrowing levels and reduced interest rates.

Pacific Basin Shipping (PCFBY) 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

Daily Earnings Calendar >

PCFBY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Feb 26, 2026	2025 (Q4)	- / -	0.286	―	―	―
Aug 07, 2025	2025 (Q2)	- / 0.10	0.222	-54.50% (-0.12)	―	―
Feb 28, 2025	2024 (Q4)	- / 0.29	0.092	210.87% (+0.19)	―	―
Aug 08, 2024	2024 (Q2)	- / 0.22	0.328	-32.32% (-0.11)	―	―
Feb 29, 2024	2023 (Q4)	- / 0.09	0.912	-89.91% (-0.82)	―	―
Jul 31, 2023	2023 (Q2)	- / 0.33	1.906	-82.79% (-1.58)	―	―
Feb 23, 2023	2022 (Q4)	- / 0.91	2.904	-68.60% (-1.99)	―	―
Jul 29, 2022	2022 (Q2)	- / 1.91	0.68	180.29% (+1.23)	―	―
Feb 24, 2022	2021 (Q4)	- / 2.90	0.059	4822.03% (+2.84)	―	―
Jul 29, 2021	2021 (Q2)	- / 0.68	-0.954	171.28% (+1.63)	―	―

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

PCFBY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 07, 2025	$5.80	$5.83	+0.52%
Feb 28, 2025	$4.12	$3.92	-4.85%
Aug 08, 2024	$5.39	$5.30	-1.67%
Feb 29, 2024	$5.13	$5.49	+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 (PCFBY) report earnings?

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

What is Pacific Basin Shipping Limited (PCFBY) earnings time?

Pacific Basin Shipping Limited (PCFBY) 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?

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What is PCFBY EPS forecast?

Currently, no data Available

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