According to the Zhitong Finance App, Tianjin Port Development (03382) announced its annual results for the year ended December 31, 2021, achieving revenue of approximately HK$17.371 billion, an increase of 12.14% over the previous year. Profit attributable to company owners was about HK$923 million, an increase of 45.11% over the previous year, a basic profit of 15 HK cents per share, and a proposed final interest of HK$599 per share.
According to reports, the Group's bulk cargo handling business revenue was HK$5.158 billion, an increase of 15.4% over the previous year, mainly due to an increase in bulk cargo business volume. Revenue from the container handling business was HK$2,610 million, down 2.1% from the previous year. The average unit price declined mainly due to changes in the cargo structure in 2021. Revenue from sales operations was HK$6.775 billion, an increase of 12.0% over the previous year, mainly due to higher sales prices. Revenue from other port ancillary services was HK$2,828 million, an increase of 22.6% over the previous year. The increase in related ancillary service revenue was mainly driven by the increase in port handling business volume.