Bohai Ferry said at its 2026 interim results briefing on October 9 that the company will actively cultivate new growth areas such as roll-on roll-off transport of new energy vehicles, consolidate its first-mover advantage, and lay out a new track in new energy heavy trucks. The company's 2026 interim report shows that first-half operating revenue was 722 million yuan, down 0.8% year on year; net profit attributable to the parent was 54.7662 million yuan, down 46.09% year on year; and non-recurring net profit was a loss of 8.3221 million yuan, swinging from profit to loss compared with the same period last year. The company attributed the decline to factors including rising fuel prices, lower vehicle and passenger load factors, and fair value losses on private equity funds, and said operating pressure has increased somewhat. To cope with continued weakness in the Bohai Bay passenger and roll-on roll-off freight market, increased industry capacity, and intensifying competition from aviation and high-speed rail, the company said it is seizing the third-quarter summer peak window by optimizing route and capacity deployment, strengthening passenger and cargo marketing, and improving vessel turnaround and load factors to drive operational improvement, while also tightening budget constraints, strictly controlling management and selling expenses, and tapping fuel-saving potential through shore power applications and optimized sailing patterns. In new energy vehicle roll-on roll-off transport, the company has already upgraded and refitted three vessels, Lvantong, Lvanda, and Lvanping, to break the bottleneck for new energy vehicles crossing the Bohai Bay, and has set up a wholly owned subsidiary, Dalian Strait Shipping Co., Ltd., to promote specialized and market-oriented operation of the business. The company also said it has no short-term capital expenditure plans for vessel upgrades and refits, that current cash flow can support daily operations, and that it will reward shareholders with steadily growing performance and sustained stable cash dividends.
Bohai Ferry Co LtdFirst-half net profit attributable to parent fell 46.09% year on year and non-recurring net profit swung to a loss of 8.3221 million yuan.
Bohai Ferry set up wholly owned subsidiary Dalian Strait Shipping to promote specialized new energy vehicle roll-on roll-off operations, a new demand area.
