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Cargo and container throughput "double top ten"! Beibuwan Port's net profit reaches 1.117 billion yuan in 2023
Date:2024-03-12 Readers:
The evening of March 11, Beibuwan port (000582) released results, 2023 operating income of 6.945 billion yuan, an increase of 8.87% year-on-year; net profit of 1.117 billion yuan, an increase of 9.52% year-on-year; basic earnings per share of 0.63 yuan.

During the reporting period, Beibuwan Port acquired 100% equity interest in Guangxi Free Trade Zone Qinzhou Port Area Jingang Terminal Co., Ltd. from Guangxi Beibuwan International Port Group Co., Ltd. the controlling shareholder, and according to the relevant provisions of Chapter 2 "Business Combination under the Same Control" of "Accounting Standard for Enterprises No. 20 - Business Combination", the company has made a significant investment in the company. In accordance with the relevant provisions of Chapter 2 "Business Combination under the Same Control" of ASBE No. 20 "Business Combination", the Company has restated and adjusted its accounting data and financial indicators for FY2022.

Beibu Gulf Port said that in FY2023, in the face of market changes, the Company's overall operating conditions were stable and improving, with year-on-year increase of 8.87% in revenue and 9.52% in net profit attributable to shareholders of the listed company, and the financial fundamentals continued to maintain a sound and sound position. The Company adhered to the general tone of seeking progress in the middle of the work, focusing on accelerating the construction of Beibu Gulf International Gateway Port and International Hub Seaport, and tightly focusing on the annual work objectives, continued to promote the steady development of port business by continuously optimizing the layout of the container routes, intensifying the organization of cargo sources, pushing forward the development of the container business with all-out efforts, as well as steadily pushing forward the construction of port informatization, and so on, and accomplished the throughput of 310 million tons of cargo in the whole year, up by 10.8%; the annual growth of the net profit of shareholders of listed companies increased by 9.52%. The annual cargo throughput was 310 million tons, a year-on-year growth of 10.8%; of which the total container volume was 8.022 million TEUs, a year-on-year growth of 14.3%, the growth rate ranked the forefront of the major coastal ports in China. The cargo throughput and container throughput of the port ranked "double top ten" in the national coastal ports.


https://www.cnss.com.cn/html/gkdt/20240312/352512.html

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