SITC reports 19 per cent profit rise on strong Asian demand
Gross profit reached $1.31 billion, which translated to an improved margin of 38.4 per cent. Administrative expenses grew by 6.7 per cent to $153.6 million, primarily due to an increase in staff bonus costs.
The board of directors declared a final dividend of HK$1 ($0.13) per share for the financial year. This follows an interim dividend of HK$1.30 and a special payment of HK$0.70 per share, the company confirmed.
As of December 31, 2025, the group operated a fleet of 119 vessels with a total capacity of 184,961 TEU. The fleet comprised 99 self-owned and 20 chartered vessels with an average age of 9.4 years.
Capital expenditure for the year totalled $133.1 million. This spending was mainly attributed to the purchase of container vessels for $60 million and containers for $46 million, the business reported.
Content Original Link:
" target="_blank">

