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Qingdao Port International Co., Ltd. Report for the first quarter of 2025
Express News | Qingdao Port International Co Ltd - Qtrly Net Profit Attributable RMB1.40 Bln
Express News | Qingdao Port International - Qtrly Operating Revenue RMB4.81 Bln
Qingdao Port International (601298.SH) reported a net income of 1.402 billion yuan in the first quarter, a year-on-year increase of 6.51%.
Gelonghui reported on April 29 that Qingdao Port International (601298.SH) released its first quarter report, achieving total operating revenue of 4.807 billion yuan in the first quarter of 2025, an increase of 8.51% year-on-year; the Net income attributable to the parent company was 1.402 billion yuan, an increase of 6.51% year-on-year; and the EPS was 0.22 yuan.
QINGDAO PORT: 2024 Annual Report
The impact of tariffs on the U.S. has already been seen: truck Transportation volume at the Port of Los Angeles has dropped by 23%, and large-scale layoffs are about to occur.
Due to the impact of tariffs, the volume of goods entering the Port of Los Angeles, the largest port in the United States, has sharply declined. A CEO in the Logistics Industry stated that the truck Transportation volume at the port has decreased by 23% year-on-year, and if the trade war is not resolved, it may drop to 50% in the coming weeks, with truck drivers facing large-scale layoffs. Some media pointed out that the significant decline in Logistics may lead to the collapse of certain parts of the warehousing Industry Chain in Southern California.
