Ningbo Port released the first half of 2024 performance report
On August 29, Ningbo Zhoushan Port Co., LTD. (Stock referred to as Ningbo Port) released its performance report for the first half of 2024. During the reporting period, the operating income of Ningbo Port reached 14.442 billion yuan, an increase of 16.32%; The net profit attributable to shareholders of listed companies was 2.233 billion yuan, an increase of 1.43%.
In the same period, the cargo throughput of Ningbo Port was 574 million tons, an increase of 2.5%. The container throughput was 23.193 million TEUs, an increase of 7.8%.
As for the growth of operating income, Ningbo Port emphasized two reasons: first, the business volume of container handling and related business segments increased, making the operating income of this segment increase by 22.79%; Second, the increase in the volume of automotive trading business contributed to the segment's operating income growth of 128.33% year-on-year.
Ningbo Port also said in the performance report that the company's container business grasped the opportunity of the good foreign trade market, took strong measures to accelerate the return of empty containers, and showed an overall growth trend. Among them, the domestic trade business made steady progress, completing the throughput of 3.042 million TEUs, an increase of 7.4%; The sea-rail combined transport completed 925,000 TEUs, an increase of 14.6%. In addition, in the first half of 2024, Ningbo Port completed 260,000 vehicles, an increase of 54.0%.
In addition to the port production business, the operation of Ningbo Port has the following highlights:
First, according to the Xinhua Baltic Sea International Shipping Center Development Index report in 2024, Ningbo Zhoushan Port ranks one place higher than 2023, ranking eighth in the world.
Second, the service capacity continues to strengthen. In the first half of 2024, the average berthing efficiency of container ships in Hong Kong increased by 6.9% year-on-year, and the average berthing time in Hong Kong decreased by 11.9% year-on-year.
Third, new progress has been made in building wisdom. Meidong Company continued to promote the optimization of iECS intelligent scheduling algorithm, Yongzhou company realized the "6-way ICT+ 2-way IGV" normal mixed operation, Shoulanghu Company automated full process operation time accounted for 72.4%, Daxie Jisi realized the first batch of intelligent network connected vehicle road test license in Ningbo City, and the construction of Suxi Hub port smart yard station accelerated.
Fourth, new breakthroughs have been made in green port construction. The cumulative power generation of 3 fans in Meishan Port area exceeds 6 million KWH; The pace of shore power construction accelerated, 12 sets of new shore power equipment were built in the first half of the year, and Zhoushan Island achieved a breakthrough of "zero" high-voltage shore power; Jiaxing Port Wildcat Dun Logistics Park 40,000 square meters of photovoltaic project officially connected to the grid; The number of hydrogen energy collection cards increased to 80, and the application of clean energy continued to increase.
It is worth noting that in the first half of 2024, Ningbo Port and Zhejiang Port Group set up a joint venture Zhejiang Port Smart Energy Co., LTD., mainly operating new energy development, power construction and operation and maintenance, charging and replacement, power trading and other businesses in the port area. The purpose of establishing the new company is to further implement the requirements of the "Notice on the Special Pilot Work of the construction of a green and low-carbon transportation power" issued by the Ministry of Transport, promote the construction of Ningbo Zhoushan Port multi-source integration all-scene green and low-carbon port and navigation pilot project, and enhance the specialization and intelligence level of port power energy.
At the semi-annual board meeting of Ningbo Zhoushan Port Co., LTD., Tao Chengbo, chairman of Zhejiang Port Group, chairman of Ningbo Zhoushan Port Group and Chairman of Ningbo Zhoushan Port Co., LTD., fully affirmed Ningbo Port's achievements in port production and corporate governance in the first half of 2024, and put forward requirements for the next step.
He stressed that it is necessary to further enhance the competitiveness, innovation and comprehensive strength of Ningbo Port; Serve the construction of "double first-class", seize the "bull nose" of the port production, and give full play to the role of "port production and operation center" and "profit center"; Conscientiously implement the spirit of the new "National nine", carefully build "three good" listed companies, ensure "A+A" standardized management, deepen capital operation, take the ESG indicator system, management manual, issue library as the starting point, promote the continuous improvement of ESG management ability, and build ESG benchmarking enterprises with practical actions.