CIMC Group (02039) announced interim results, with revenue of 78.913 billion yuan, up 3.71% year-on-year

According to the Zhitong Finance App, CIMC Group (02039) announced interim results for the six months ended June 30, 2026. The group achieved operating income of 78.913 billion yuan, an increase of 3.71% year on year; net profit attributable to shareholders and other equity holders of the parent company was 740 million yuan, a year-on-year decrease of 42.14%; and basic earnings per share were 0.13 yuan.

During the reporting period, the increase in shipping demand and the replacement update of huge holdings led to a steady increase in the industry's new box sales in the second quarter, reversing the downward trend in the first quarter. During the reporting period, the Group's container manufacturing business achieved an increase of 1,138,500 TEU (same period last year: 1.125,900 TEU), up about 1.12% year on year; at the same time, benefiting from the good harvest of fresh fruit in South America and the harvest season in the northern hemisphere, demand for refrigerated boxes maintained steady growth. The Group's cumulative sales volume of refrigerated containers during the reporting period was 108,200 TEU (same period last year: 92 million TEU), an increase of about 17.61% year on year.

During the reporting period, the Group's container manufacturing business achieved revenue of 21.92 billion yuan (same period last year: 21.735 billion yuan), up 0.85% year on year, and realized net profit of 272 million yuan (same period last year: 1,444 billion yuan), a year-on-year decrease of 81.16%, mainly affected by the year-on-year decline in TEU prices and exchange rates.

During the reporting period, CIMC Vehicle achieved operating revenue of 10.737 billion yuan (same period last year: 9.753 billion yuan), up 10.09% year on year; realized net profit of 356 million yuan (same period last year: 408 million yuan). Despite the increase in revenue scale, profits were under pressure due to factors such as rising production costs and international shipping costs.

During the reporting period, the airport and logistics equipment, and fire and rescue equipment business achieved operating income of 3.357 billion yuan (same period last year: 3.120 billion yuan), up 7.58% year on year; net profit of 71 million yuan (same period last year: 80 million yuan), down 11.25% year on year, mainly affected by exchange rate changes. In-hand orders continued to grow steadily during the reporting period.

During the reporting period, CIMC World Link achieved operating revenue of 13.945 billion yuan (same period last year: 13.579 billion yuan), an increase of 2.70% year on year; net profit of 240 million yuan (same period last year: 202 million yuan), an increase of 18.81% year on year. During the reporting period, the multimodal transport market environment gradually improved, especially in the shipping market. Container freight rates have continued to rise since March. As of July 3, 2026, the Shanghai Export Container Freight Index (SCFI) rose 2.7% from the same period last year. CIMC World Link actively grasped the upward trend. By deepening customer operations, optimizing product structure, accelerating overseas layout, and strengthening operational efficiency, the overall operation progressed steadily in the first half of the year.