Jinhui Shipping Q4 revenue falls 15% on freight rate volatility

Jinhui Shipping and Transportation

27/02/2026 05:34

Overview

Shipping company's Q4 revenue fell 15% yr/yr, with a net loss of $2.7 mln

Company's annual revenue slightly decreased to $157 mln, net profit fell to $13 mln

Proposed final dividend of $0.018 per share

Outlook

Company operated fleet under long-term contracts amid volatile freight rates

Company sees resilience in dry bulk freight rates despite geopolitical disruptions

Result Drivers

FREIGHT RATE VOLATILITY - Co cited volatility in dry bulk freight rates, supported by strong commodity demand, as a factor affecting results

VESSEL DISPOSAL LOSS - Q4 results included a non-recurring net loss of US$3,043,000 on disposal of three Supramaxes

TIME CHARTER RATE DECLINE - Average daily time charter equivalent rate decreased to US$15,254 in Q4, down from US$15,567 in Q4 2024

Company press release: ID:nObi5LTyta

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Basic EPS
-$0.03


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)