Changes in Hong Kong stocks | Dongfang Overseas International (00316) opened more than 5% lower, net profit for the first half of the year fell nearly 24% year on year, with an interim dividend of 55 US cents

The Zhitong Finance App learned that Dongfang Overseas International (00316) opened more than 5% lower. As of press release, it fell 5.5% to HK$161.6, with a turnover of HK$3.074,400.

According to the news, Oriental Overseas International announced interim results, with revenue of 5.173 billion US dollars for the first half of the year, up 6.1% year on year; gross profit of 838 million US dollars, down 13.5% year on year; net profit of 728 million US dollars, down 23.7% year on year, and profit per share of 1.1 US dollars. The mid-term interest rate was 55 US cents, compared to 72 US cents in the same period last year.

According to the announcement, Dongfang Overseas achieved the highest cargo volume in history in the first half of the year and the highest route revenue outside of the pandemic period. In the first half of 2026, total cargo volume increased by 5.2% year on year, and total route revenue increased by 5.5% year on year. During the period, operating expenses amounted to US$4.335 billion, an increase of 10.9%. The average price of fuel was 582 US dollars per ton, an increase of 8%. The increase in fuel prices, combined with the expansion of the fleet size, led to an increase in overall fuel costs.