Singamas Container Holdings Limited

[For Immediate Release]

(Hong Kong, 25 August 2026) - World renowned container manufacturer and logistics services provider Singamas Container Holdings Limited ("Singamas" / the "Group") (stock code: 716) has today announced its unaudited interim results for the six months ended 30 June 2026.

Financial Results

• Consolidated revenue decreased by 23.0% to US$193,814,000 (1H2025: US$251,627,000).
• Consolidated net profit attributable to owners of the Company contracted by 56.5% to US$5,835,000 (1H2025: US$13,404,000).
• Basic earnings per share was US0.25 cent (1H2025: US0.56 cent).
• Interim dividend of HK1.5 cents per share (2025 interim dividend: HK3 cents per share).

Business Review

• ISO dry container industry continued to face challenges from production overcapacity, which kept dry freight container prices under pressure, which was adversely affected the Group's performance.
• Specialised and customised container segment grew healthily, driven primarily by the provision of "full integration" services for Energy Storage System containers ("ESS containers") customers.
• Demand for ESS containers was strong as countries accelerated the deployment of solar and energy storage facilities, supported by national policies promoting green and new-energy development.
• Sustained investments in enhancing production capabilities and research and development enabled the Group to cultivate strong relationships with long-term clients.

Manufacturing and leasing

• Manufacturing and leasing business generated US$178,278,000 in revenue (1H2025: US$236,237,000), accounting for 92.0% of the Group's total revenue (1H2025: 93.9%), with profit before taxation and non-controlling interests at US$4,827,000 (1H2025: US$15,816,000).
• Total sales volume amounted to 43,000 twenty-foot equivalent units ("TEUs") of dry freight and ISO specialised containers (1H2025: 84,000 TEUs), with the ASP of a 20' dry freight container falling to US$1,613 (1H2025: US$1,845).
• Through transformation efforts, revenue generated from dry freight containers reduced to 36.4% of segment revenue, with specialised and customised containers accounting for 63.6% (1H2025: dry freight containers 59.8%, specialised and customised containers 40.2%).
• Sales revenue generated from specialised and customised containers increased by 17.0% to US$106,329,000 (1H2025: US$90,918,000), of which over 76.1% was contributed by the sales of ESS containers.
• The leasing business creates synergies with the manufacturing segment, enabling the Group to optimise operations and profitability.

Logistics services

• Revenue from the logistics services segment was US$15,536,000 (1H2025: US$15,390,000).
• Profit before taxation and non-controlling interests was US$4,363,000 (1H2025: US$4,721,000).
• Handled approximately 368,000 TEUs (1H2025: 379,000 TEUs) and repaired 94,000 TEUs (1H2025: 71,000 TEUs), with average daily container storage reaching 41,000 TEUs (1H2025: 30,000 TEUs).

Mr Teo Siong Seng, Chairman of Singamas, said: "Moving forward, our key focus for the dry freight segment will be on cost control and operational efficiency. On the other hand, capacity expansion for customised containers will remain a key enabler of Singamas's transformation. Supported by the "full integration" model and recurring income from our leasing and logistics businesses, we believe we have established a more sustainable business model. We will continue focusing on the specialised and customised segment to advance our transformation and deliver more stable returns to shareholders."

About Singamas Container Holdings Limited
Singamas is a renowned container manufacturer and logistics services provider in the world. Its manufacturing business covers container factories located in the PRC that focus on the manufacturing and leasing, R&D and sale of dry freight and specialised containers, while its logistics operations include container depots located in key locations in the PRC, as well as a logistics company in Xiamen, the PRC. For details, please visit: www.singamas.com.

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