Ningbo Port’s container throughput rose 28.4% in February, while its net profit attributable to shareholders has increased for three consecutive quarters and surpassed RMB 5 billion for the first time in 2025.

　　Leading domestic port industry company Ningbo Port (601018.SH) welcomes a "good start".

　　On the evening of March 3, Ningbo Port disclosed a suggestive announcement of major production data for February 2026, predicting a year-on-year increase in container and cargo throughput for February. Among them, container throughput increased by 28.42% year-on-year.

　　In recent years, Ningbo Port has consistently adhered to a business model centered on terminal operations, focusing on port logistics and capital management development, expanding and strengthening its main port and shipping business, and actively innovating and expanding its business to drive high-quality sustainable development.

　　In terms of performance, Ningbo Port continues its previous growth trend. According to the performance report, the company achieved a net profit attributable to shareholders of the listed company (hereinafter referred to as "net profit attributable to the parent") of 5.168 billion yuan for the full year of 2025, breaking the 5 billion yuan mark for the first time.

　　Year-on-year double increase in container and cargo throughput

　　According to the announcement, in February 2026, Ningbo Port is expected to complete container throughput of 4.32 million standard containers, a year-on-year increase of 28.42%; it is expected to complete cargo throughput of 95 million tons, a year-on-year increase of 18.35%.

　　In January 2026, Ningbo Port was expected to complete container throughput of 5.03 million standard containers, a year-on-year increase of 9.5%; it was expected to complete cargo throughput of 112 million tons, a year-on-year increase of 4.8%.

　　In summary, from January to February 2026, Ningbo Port is expected to complete container throughput of 9.35 million standard containers, an increase of approximately 17.76% compared to 7.94 million standard containers in the same period of 2025; it is expected to complete cargo throughput of 207 million tons, an increase of approximately 10.74% compared to 186.93 million tons in the same period of 2025.

　　According to the official website, Ningbo Port was renamed and established on September 28, 2016, after Ningbo Port Co., Ltd. acquired Zhoushan Port Co., Ltd. As the operating entity of coastal ports in Zhejiang Province, the company is mainly responsible for the port operation management of Ningbo Zhoushan Port, Wenzhou Port, Jiaxing Port, Taizhou Port, and Yiwu Inland Port. Its business scope mainly includes container, iron ore, crude oil, coal, liquid goods, general cargo handling, and provides comprehensive services related to port production such as tug assistance, terminal leasing, ship agency, and logistics.

　　In 2025, facing fierce market competition, Ningbo Port closely focused on annual production and operation goals and tasks, overcoming difficulties and forging ahead, with port production continuing to develop steadily, stably, and healthily. It is expected to complete cargo throughput of 1.216 billion tons for the year, a year-on-year increase of 7.2%; it is expected to complete container throughput of 52.96 million standard containers, a year-on-year increase of 11.2%, playing a leading role and main platform role in Ningbo Zhoushan Port (port area) achieving annual container throughput of over 40 million standard containers for the first time.

　　Not only Ningbo Port, but many domestic port listed companies are also reporting good news, showcasing the strong vitality of the port economy. On the evening of March 3, Shanghai Port Group announced that in February 2026, the company is expected to complete container throughput of 4.351 million standard containers, a year-on-year increase of 11.5%; it is expected to complete cargo throughput of 44.128 million tons, a year-on-year increase of 7.9%. On the same evening, Guangzhou Port announced that from January to February 2026, the company is expected to complete container throughput of 4.329 million standard containers, a year-on-year increase of 7.7%, and complete cargo throughput of 93.734 million tons, a year-on-year increase of 4.1%.

　　2025 performance reaches a historic high

　　While port production is steadily progressing, Ningbo Port's operating performance continues to reach new highs.

　　The 2025 annual performance report shows that Ningbo Port achieved total operating revenue of 31.059 billion yuan for the year, a year-on-year increase of 7.55%; it is expected to achieve net profit attributable to the parent of 5.168 billion yuan, a year-on-year increase of 5.61%; it is expected to achieve net profit attributable to shareholders of the listed company excluding non-recurring gains and losses (hereinafter referred to as "net profit excluding non-recurring items") of 4.215 billion yuan, a year-on-year increase of 7.66%.

　　In the previous years of 2023 and 2024, Ningbo Port's net profit attributable to the parent maintained positive year-on-year growth, and with the company's net profit attributable to the parent in 2025, it will have grown for three consecutive years.

　　It is worth noting that the total operating revenue of 31.059 billion yuan and the net profit attributable to the parent of 5.168 billion yuan set a historical performance high for Ningbo Port, marking the first time the company's annual revenue scale exceeded the 30 billion yuan mark and the net profit attributable to the parent stood above the 5 billion yuan level.

　　According to the announcement, in 2025, Ningbo Port acquired 90% equity of Zhejiang Seaport Inland Shipping Co., Ltd. (formerly Zhejiang Seaport Inland Logistics Co., Ltd.) from Zhejiang Seaport Inland Port Development Co., Ltd., and acquired 100% equity of Zhoushan Port Comprehensive Bonded Zone Terminal Co., Ltd. from Ningbo Zhoushan Port Group Co., Ltd.

　　As of the end of 2025, Ningbo Port's total assets increased to 123.629 billion yuan, and the equity attributable to shareholders of the listed company increased to 80.75 billion yuan.

　　According to Ningbo Port, the layout of shipping routes is continuously optimized and densified, with Ningbo Zhoushan Port having 309 container shipping routes. The company has multiple transportation modes including waterways, highways, and railways, leveraging its advantageous location and comprehensive water-land integrated transportation conditions to enhance the regional advantage of the river-sea intermodal service center, improve the collection and distribution network system, and strengthen the port and shipping logistics system layout. It vigorously develops multimodal transport and full logistics, utilizing a complete and comprehensive water-land transportation system, with multiple highways and railways directly reaching the port area, a developed waterway transfer system, significantly enhancing port radiation, and continuously extending the hinterland to the central and western regions, providing customers with convenient, efficient, and diverse high-quality transportation services.

　　In terms of port infrastructure, since 2025, the company has accelerated the construction of key projects such as Meishan Port infrastructure, Zhenhai Port Area liquid chemical berths 24-26, Zhoushan Fodu Phase I, Taizhou Damaiyu Port Area Phase II, and Beilunshan multipurpose terminal renovation; it has completed high-quality projects such as the Jinyong Railway Suxi Container Handling Station project and Meishan Ro-Ro Phase I Stage II project acceptance; Jiaxing Port Dushan Port Area II inland port basin, B21B22, B25B26 projects have been fully handed over and put into trial operation.

　　In terms of overseas market expansion, in the first three quarters of 2025, the company completed the establishment of subsidiaries in Singapore and Japan, and projects such as capital increase for multiple companies, continuously enhancing its global market influence.

　　In addition, Ningbo Port's smart green transformation has achieved remarkable results, with Taicang Wugang Terminal Co., Ltd. becoming the first "five-star green port" among national iron ore terminals.

　　From 2022 to the first three quarters of 2025, Ningbo Port's R&D expenses were 195 million yuan, 259 million yuan, 403 million yuan, and 249 million yuan, showing an upward trend year by year.

　　With a stable improvement in fundamentals, Ningbo Port is also increasing shareholder returns. Since its listing in 2010, the company has distributed approximately 18.8 billion yuan in cash dividends to shareholders, with 2.1 billion yuan distributed for the 2024 fiscal year, setting a new high since listing. Continuing the tradition of high dividends, the company distributed 584 million yuan in cash dividends for the mid-term of 2025.