JINHUI HOLDINGS Reports 36.68% Drop in H1 Net Profit to $9.59 Million

Stock News08-27 12:32

JINHUI HOLDINGS (00137) has announced the second quarter and interim results of its subsidiary, Jinhui Shipping and Transportation Limited (Jinhui Shipping).

For the three months ended June 30, 2026, the company recorded revenue of $36.46 million, down 9% year-on-year. Net comprehensive profit attributable to shareholders reached $5.269 million, reversing a loss from the same period last year. Basic earnings per share stood at $0.048.

For the first half of 2026, revenue totaled $69.252 million, reflecting a 13% decrease compared to the prior year. Net comprehensive profit attributable to shareholders amounted to $9.593 million, a decline of 36.68% year-on-year. Basic earnings per share were reported at $0.088.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment