China Shipbuilding (600150.SH) announced first-half results, with net profit attributable to mother of 2,946 billion yuan, an increase of 108.59%

According to the Zhitong Finance App, China Shipping (600150.SH) released its 2025 semi-annual report. The company's revenue was 40.325 billion yuan, an increase of 11.96% over the previous year. Net profit attributable to shareholders of listed companies was 2,946 billion yuan, an increase of 108.59% over the previous year. Net profit attributable to shareholders of listed companies after deducting non-recurring profit and loss was $2,891 million, an increase of 141.23% over the previous year. Basic earnings per share were $0.659.

During the reporting period, the shipping industry as a whole maintained a good development trend. The company's order structure was upgraded and optimized; the price of civilian ships delivered during the reporting period increased year-on-year, construction costs were properly controlled, and gross operating profit increased year-on-year; the operating performance of the company's shareholding joint ventures continued to improve, and long-term equity investment income calculated by the equity method increased year-on-year.