Gelonghui March 23 丨Pearl River Shipping (00560.HK) announced results for the full year of 2021. The group recorded a consolidated turnover of HK$2,268 million during the year, up 22.3% from last year; operating profit was HK$131 million, up 62.1% from last year. Affected by the sharp reduction in non-operating pandemic subsidies, profit attributable to shareholders was HK$44,074 million, down 11.5% from last year; the proposed final dividend was HK2 cents per common share.

In 2021, the ongoing COVID-19 pandemic had a major adverse impact on the Group's overall performance. In response to the government's requirements for epidemic control, with the exception of the passenger route from Shekou to Hong Kong International Airport, which maintains two to three one-way flights per day, other cross-border waterway passenger routes remain suspended, so the Group's cross-border passenger transport and related ancillary business are still under tremendous operating pressure. Benefiting from the growth of the Group's integrated logistics and local ferry business in Hong Kong, the impact of a sharp decline in cross-border passenger transport and related ancillary business was mitigated, and the Group had a relatively stable profit.