Release Date: July 4, 2026 Statement Date: July 3, 2026 Statement Time: 15:08:44 Company Code: 2637 Company Name: Hui Yang-KY Subject: Supplemental Announcement of Self-Compiled Earnings for June 2025 Applicable Clause: Item 51 Event Date: July 3, 2026
Details: 1. Event Date: 07/03/2026 2. Company Name: Hui Yang Maritime Co., Ltd. 3. Relationship with Company: Parent Company 4. Cross-shareholding Ratio: Not applicable 5. Reason for Event: Supplemental announcement of self-compiled earnings for June 2025 6. Response Measures: Disclosure of material information 7. Other Matters to be Clarified:
Monthly Operating Revenue: USD 59,404,563 / TWD 1,877,838 (thousands) Year-on-Year Change: 48.23% Cumulative Operating Revenue: USD 306,296,491 / TWD 9,679,888 (thousands) Year-on-Year Change: 33.37% Monthly Operating Profit: USD 26,102,519 / TWD 825,126 (thousands) Year-on-Year Change: 268.24% Cumulative Operating Profit: USD 102,195,568 / TWD 3,229,687 (thousands) Year-on-Year Change: 286.64% Monthly Pre-Tax Income: USD 29,634,788 / TWD 936,785 (thousands) Year-on-Year Change: 2150.10% Cumulative Pre-Tax Income: USD 97,082,878 / TWD 3,068,110 (thousands) Year-on-Year Change: 945.74% Monthly Pre-Tax EPS: 1.26 Cumulative Pre-Tax EPS: 4.11
Calculation Basis: End-of-Period Monthly Avg Annual Avg TWD/USD 31.83 31.611 31.603 JPY/USD 162.26 160.66 158.15 Outstanding Shares 746,409,199 - - Weighted Avg Shares for EPS 746,409,199 - - End-of-Period Previous Month YoY Number of Vessels 130 130 132 BDI 2501 3224 1489
Change Analysis: 1. Fleet Changes: - June 11: Taokas Wisdom (DWT 31,943 / Handy) sold. - June 22: Paiwan Elegance (DWT 40,000 / Handy) commenced operations. 2. Operational Changes: 3 vessels underwent dry-docking this month. 3. Exchange Rate Fluctuations: Gains/losses from JPY and CHF borrowings due to FX movements. 4. Charter Renewals: 1 vessel renewed its charter this month. 5. Operating Profit: Increased by 268.24% YoY due to improved market conditions in the first half of 2025. 6. Non-operating Income: This month, FX gains of approximately USD 500,000 from JPY depreciation, USD 1,400,000 from TWD depreciation, and USD 2,900,000 from CHF appreciation. Additionally, a disposal gain of approximately USD 960,000 was recognized from the sale of one vessel.
Preparation Notes: 1. The company applies IFRS accounting standards. 2. The functional currency is USD. TWD figures are converted using the average exchange rate for the period. However, valuation gains/losses are calculated using the end-of-period exchange rate. 3. Year-on-year changes are calculated based on USD financial figures. 4. Earnings per share (EPS) is calculated using the weighted average number of shares outstanding. 5. Depreciation and crew wages are recognized monthly, while charter revenue is recognized on a daily accrual basis, so operating days may affect revenue and operating profit. 6. Lubricant expenses are estimated monthly and adjusted quarterly based on actual consumption. 7. Depreciation periods vary by vessel condition, tonnage, and specifications, but new vessels are generally depreciated over 25 years. Salvage value is estimated by multiplying light ship weight by scrap metal prices. 8. This financial information is self-compiled and has not been audited or certified by an accountant.
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- Source: PR Times
- Category: News