Liaogang Co 2026 H1 Revenue RMB5.35B Down 6.03%, Net Profit RMB885M Down 7.41%
Liaogang Co reported 2026 first-half revenue of RMB5.35 billion, down 6.03% year on year, and net profit attributable to shareholders of RMB885 million, down 7.41%. Basic earnings per share were RMB0.04. Container volumes rose and bulk cargo grew, but declines in oil, grain, and ro-ro traffic weighed on profit.
Liaogang Co disclosed its 2026 semi-annual report on August 30. In the first half, the company achieved operating revenue of RMB5.35 billion, down 6.03% year on year. Net profit attributable to shareholders of the listed company was RMB885 million, down 7.41% year on year. Basic earnings per share stood at RMB0.04.
During the reporting period, the company's container business volume improved steadily, and bulk cargo volumes for steel, ore, and other goods increased. The company also recovered long-standing receivables and reversed credit impairment, while continuing to advance cost reduction and efficiency initiatives. However, declines in oil and chemical products, bulk grain, and ro-ro passenger and vehicle traffic led to a year-on-year decrease in profit.