招商局港口2025年中期报告

1Corporate Information2Financial Highlights4Management Discussion and Analysis27Condensed Consolidated Statement of Profit or Loss28Condensed Consolidated Statement of Profit or Lossand Other Comprehensive Income29Condensed Consolidated Statement of Financial Position31Condensed Consolidated Statement of Changes in Equity33Condensed Consolidated Statement of Cash Flows34Notes to the Condensed Consolidated Interim Financial Information58Definitions636466899091939596120 2121133333202571 16820038 3333 3133 3333 00144 ESG 1831717121716 212113 http://www.cmport.com.hk 1.2.3. 20252025GDP5.3%202521.792.9%13.007.2%8.792.7%11.294.7%51.8% 20252025GDP1.6%0.6%2025GDP0.5%2025GDP6.9%6GDP4.9%GDP4.4%IMF20252.6%0.9 2025Alphaliner20253,270TEU118TEU3.6%20256.3%20252.0%20252025 520252025 Drewry20252.61TEU3.9%1.59TEU4.1%6,695TEU5.0%2,191TEU7.6%7,213TEU4,113TEU2.9%10.5%2,165TEU2,912TEU5.9%1.3%202517,298TEU6.9%15,277TEU7.1% 2025ESG CICTHIPG 2025TCPCTOSKumportCTOSCTOS2025185 2025228VastTCPLCT202524,000TEUNPH ESGESGESGESGESGESGESG(MSCI)BBB COE 20257,485TEU4.3%5,564TEU4.0%1,921TEU5.0%2.634.2%2.584.4% 85TEU7.8%2084.6%21TEU6.7%56137.8%26510.3% 767TEU10.5%36815.0%MTL210TEU0.7%39TEU1.5%21823.0% 58TEU7.8%3,75815.4% 2,701TEU5.9%3,9577.7% 71TEU15.4% 548TEU9.2%11,6612.5%QQCTU635TEU9.2%QQTU64111.1%4,1393.9%431TEU0.9% NPH2024739TEUTICT17TEU24.6%PDSA57TEU11.6%2458.6%Kumport73TEU16.9%TerminalLink1,374TEU1.4%994.1% 2025CICT168TEU2.8%HIPG202418TEU542.9%1226.0%TCP80TEU2.9%LCT96TEU19.3% 20252094.5%AAT415.1%19.4%0.3 2025+96%95%94%81% 20256301,767.214.3%20241231480.425.6%2025630507.1620256301,076.46202412313.7% 2025630664.5711.4%5.134.693.4335.8436.4419.5%12.3% 2025630635.3916.7%10.8741.6%2.646.3459.2222.43 2025630122.361.7%32.7%60.7%0.4%0.5%4.0% 20256304,198,009,186 202563017.1% 35.39 2025630246.02 2.59271.23 2025630321.4220241231329.48 14.612024123113.42 202563014.612024123113.421.68202412311.733.51202412311.67 20256305% 202025630 2025630 CBlue1925 20256308,7921504,4424,20011.4129.7% 2025 ESG ISO 14001ISO 50001 CBlue 2025 2025IMF20253.0%202520241.8%20251.5%20242.8%20251.9%20240.9%20251.0%20254.1%0.25.1%0.2 2025 NPHTerminalLinkVast 2025 ePortSMP ESGESG 2025 2025930202510620259294301831717121716 202511192025106202563060.2510.5020240.25 2025630352XV 3522025630XV352 (1)2025630CMPGCMPGCMPGCMPG20202320222320272320231292027129(http://www.szse.cn/)202327120,00051,00072,000 2025630336XV23 1.CMGCMG3,029,009,1323,002,405,13223,000,000323,604,0004 2.74.66%CMU50%25.34%CMPG45.92% 3,002,405,132CMU917,104,986CMPG15,780,583CMPG2,069,519,563 20256306 CMPGCMPG2,085,300,1462,069,519,563CMPG15,780,583 3.Orienture3,000,000Orienture3,000,000 ESG2025F.2.2202571F.1.3 4.23,604,000 5.202083CMU50%Verise HoldingsVerise Holdings90%VeriseHoldingsCMU 336 2025630XV23 2025412025630620257316 *20256306 13.51B(1) *202571 2025530202541202561202561620257202962025711 2025829 20256306 20256306 2025630 20256306 20256306 20256306 1 16820038 2025829 2 20256306HKICPAHKAS34D220241231HKFRS 202563056.10 20241231 662(3)6320241231406(2)407(2)(3) 3 20256306 2025630620241231 HKFRS HKICPAHKAS21 4 20241231 20256306 5 6 (a) (b) 6 (ii) (iii) 20256306 6 6 20256306 6 6 20256306 7 8 9 16.5%202416.5% 25%15%200810%25%5% 2025112025 20256306 10 11 20258290.2520251231 202520258294,198,009,18620244,198,009,186 2025202412310.63626.70 12 202520246306 20256306 14 (a)902024123190 15 16 20256306 16 202563020241231 (b)1.52202412311.552.25%202412312.35% 1.59202412312.8%20241231 (c)125.3020241231123.84 21.9120241231 2025630126.3220241231123.60202563020241231 (d) (e)2025630271.2320241231137.44151.222024123133.92120.0120241231103.52 (f)202563020241231 17 (a) 20256306 18 (i) 20241231 (ii) 18 (ii) (a) 202563020241231 2024123120256305%202412315%2024123120256305%202412315%20241231 20256306 18 (ii) (a) 20256305%202412315%20241231 202520246306 19 2025162.50%2025214 20 (a) (b) 20256306 20 (c) (i)2025630TCPTCP10.04202412318.69 (ii)202563049%49%0.64202412310.63 CMG2.26202412312.241.83202412311.81 (iii)202563020241231 21 CMG CMG2025630 20256306 21 (a)CMG (i)20246304,1004,100(ii)(iii)(iv)2025630CMG20.292024123150.720.35%2.10%20241.35%2.10%(v)3.65%6.15%20243.65%6.15%0.5%(vi)2025630CMG11.452024123120.42(vii)16(viii)2.172.1720256303.08202412313.06(ix)9002024300(x)6.572024(xi)20256301.52202412311.552.06202412311.65(xii)202563017.062024123122.1418.532024123112.95 202563020241231141617 21(a) 21 (b) (c)