Binhai Teda Logistics (08348) Fa Ying Guang expects profit attributable to shareholders to drop to about 173,000 yuan year-on-year

According to Zhitong Finance App, Binhai Teda Logistics (08348) issued an announcement. The board of directors expects that the Group's operating income and profit attributable to company owners may obtain approximately RMB 473 million and RMB 173,000 during the six-month period ending June 30, 2026, compared with approximately RMB 1,216 billion and RMB 969,000 for the same period in 2025.

The main reasons for the decline in the Group's revenue during the relevant period are: first, the Group continued to optimize the revenue structure, reduce the volume of high-risk and low-margin business, and gradually shrink the scale of the material procurement service business; second, due to the downward environment in the fuel vehicle market, the loss of customers in the logistics service business in the automotive vehicle and parts supply chain, compounded by the normalization of price competition in the industry, and related service charges continued to decline in line with market conditions. The revenue of this business segment declined compared to the same period in 2025. The main reasons for the decline in profit attributable to company owners are: first, the decline in the scale of operating income; second, due to market and exchange rate effects, the decline in the performance of the Group's joint ventures has led to a decline in investment income.