Group releases 2025 annual performance announcement

Revenue / RMB 28.5 billion · Net profit / RMB 8.6 billion

During the reporting period, the company's operating revenue increased by 7.4% year-on-year to RMB 28.5 billion. Its profitability achieved a significant leap, with net profit reaching a record high of RMB 8.6 billion, an increase of 30.2% year-on-year.

Dividend per share: SGD 0.20

According to this announcement, the company plans to distribute a cash dividend of S$0.20 per share to all shareholders. The dividend per share increased by 66.6% compared to the same period last year, and the payout ratio was raised to 50%, marking the highest level in history.

New orders · 60 vessels / Approximately US$2.5 billion

In 2025, the company closely monitored market trends, accurately seized the opportunities of industry recovery, and adhered to a prudent operating strategy, receiving a total of 60 new orders throughout the year, with the value of approximately US$2.5 billion.

Orders in Hand: 245 vessels / US$22.39 billion

As of December 31, 2025, the Group had 245 vessels in hand, valued at approximately US$22.39 billion, with the furthest delivery date scheduled for 2030. The orders in hand feature a diverse range of vessel types, including 130 large, medium, and small container vessels, 49 bulk carriers, 26 gas carriers (LPG, VLAC, VLEC), and 40 oil tankers. Green and clean energy vessels account for approximately 71% of the total value of these orders.

New Vessels Delivered: 56 vessels

In 2025, the company consistently committed to fulfilling its contractual obligations and strictly adhered to delivery milestones, delivering a total of 56 new vessels throughout the year, achieving 100% of its annual delivery target.