SITC International Holdings Company Limited

(Stock Code: HK1308)

August 2023

Disclaimer

This document does not constitute an offer to sell or issue or the solicitation of an offer to buy or acquire securities of SITC International Holdings Company Limited (the "Company") in any jurisdiction or an inducement to enter into investment activity, nor may it or any part of it form the basis of or be relied on in connection with any contract or commitment whatsoever. Specifically, this document does not constitute a "prospectus" within the meaning of the U.S. Securities Act of 1933 or the Hong Kong Companies Ordinance (Chapter 32 of the Laws of Hong Kong), as amended. Any decision to purchase securities in the Company shall only be made at your own assessment of the market and the market position of the Company and at your own risk. Shareholders and investors are reminded to exercise caution when dealing in the securities of the Company.

This document has been prepared by the Company solely for the reference of the shareholders and investors. The information contained in this presentation has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein. The information contained in this document should be considered in the context of the circumstances prevailing at the time and has not been, and will not be, updated to reflect material developments which may occur after the date of the document. These materials do not contain all of the relevant information relating to the Company or its securities. None of the Company or any of its affiliates, advisors or representatives will be liable (in negligence or otherwise) for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection therewith. The Company may alter, modify or otherwise change in any manner the content of this document, without obligation to notify any person of such revision or changes.

Any information on the past performance of the Company is not necessarily indicative of its future performance. This document contains statements that constitute forward-looking statements that are based on current assumptions and beliefs as well as information currently available to the Company. These statements include descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the consolidated results of operations and financial condition of the Company. These statements can be recognized by the use of words such as "expects," "plans," "will," "estimates," "projects," "intends," or words of similar meaning. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and actual results may differ significantly from those in the forward-looking statements as a result of various factors and assumptions. The Company has no obligation and does not undertake to revise forward-looking statements to reflect future events or circumstances.

2

Agenda

  1. 1H2023 Highlights
  2. Operational Review
  3. Financial Overview
  4. Company Overview

3

1. 1H2023 Highlights

4

1H2023 Highlights

We continued to perform well in 1H2023 and recorded a net profit of US$ 312.7 million, which represented a YoY decrease of 73.4%.

1H2023

1H2022

Variance

Container shipping volume (TEU)

1,550,075

1,611,495

-3.8%

Revenue

(US$ m)

1,253.4

2,257.7

-44.5%

Gross profit (US$ m)

332.2

1,204.4

-72.4%

Net profit

(US$ m)

312.7

1,170.3

-73.3%

Earnings per share - basic

11.70

43.95

-73.4%

(US cents per share)

5

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

SITC International Holdings Co. Ltd. published this content on 31 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 August 2023 07:37:04 UTC.