LC LOGISTICS (02490) released its interim results, reporting a profit attributable to shareholders of 159 million yuan, an increase of 42.89% compared to the same period last year.

LC LOGISTICS (02490) announced its interim results for the six months ended June 30, 2026, reporting revenue of RMB 885 million, a decrease of 2.24% year-on-year; profit attributable to equity holders of the parent company was RMB 159 million, an increase of 42.89% year-on-year; earnings per share were RMB 0.28. During this period, the Group mainly provided cross-border logistics services through third-party shipping companies, covering global destinations. The volume of cross-border sea freight services provided by third parties was 183,519 TEUs, a decrease of approximately 6.9% compared to 197,195 TEUs in the same period of 2025, mainly due to intensified market competition during this period. The average price per TEU for cross-border sea freight services provided by third parties increased from approximately RMB 3,774.9 for the six months ended June 30, 2025, to approximately RMB 4,071.8 during this period, primarily due to rising market freight rates. During this period, the Group's self-operated cross-border logistics services were general cargo transportation services, with routes between China and Africa. Self-operated cross-border logistics services accounted for approximately 5.0% of the cross-border logistics service revenue. For the six months ended June 30, 2026, the volume of the Group's self-operated cross-border sea freight services was 51,851 chargeable tons. For the six months ended June 30, 2026, the average price per chargeable ton for the Group's self-operated cross-border sea freight services was RMB 827.0.