Sinotrans Reports Interim Results with Net Profit Attributable to Parent of Approximately RMB1.725 Billion, Down 11.4% Year-on-Year

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SINOTRANS (00598) has released its interim results for 2026, with operating revenue of approximately RMB45.452 billion, reflecting an 8.06% decrease year-on-year. Net profit attributable to shareholders of the listed company stood at approximately RMB1.725 billion, down 11.4%, while net profit excluding non-recurring items reached approximately RMB1.64 billion, marking a 17.33% increase. Basic earnings per share were RMB0.2404, with a cash dividend of RMB0.14 per share (pre-tax).

The company attributed the revenue decline to strategic optimization of its business layout, which included a proactive withdrawal from certain cross-border e-commerce logistics and logistics e-commerce platform operations to achieve a positive return of resources. In contrast, the growth in net profit excluding non-recurring items was driven by deepened engagement with key industry clients, provision of customized solutions aligned with their supply chain shifts, extension of service chains, and enhanced cost control, all of which contributed to substantial profit growth across major business segments.

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