Pacific Basin Shipping Limited (HKG:2343)

Hong Kong flag Hong Kong · Delayed Price · Currency is HKD
3.190
+0.040 (1.27%)
Jun 1, 2026, 4:08 PM HKT
Market Cap16.09B +83.4%
Revenue (ttm)16.20B -19.4%
Net Income452.78M -55.8%
EPS0.09 -54.4%
Shares Out 5.11B
PE Ratio35.87
Forward PE16.38
Dividend0.08 (2.49%)
Ex-Dividend DateApr 28, 2026
Volume8,008,695
Open3.130
Previous Close3.150
Day's Range3.130 - 3.240
52-Week Range1.880 - 3.660
Beta1.46
AnalystsBuy
Price Target3.42 (+7.21%)
Earnings DateAug 6, 2026

About Pacific Basin Shipping

Pacific Basin Shipping Limited, an investment holding company, engages in the provision of dry bulk shipping services in Hong Kong and internationally. The company offers shipping services that mainly carry major and minor bulks, including grains, ores, logs/forest products, bauxite, sugar, concentrates, cement and clinkers, coal/coke, fertilizers, alumina, steel, pet-coke, salt, sand and gypsum, and scrap. It also offers shipping consulting, crewing, secretarial, ocean shipping, ship agency, and operation and management services. In addition, ... [Read more]

Founded 1987
Employees 4,712
Stock Exchange Hong Kong Stock Exchange
Ticker Symbol 2343
Full Company Profile

Financial Performance

In 2025, Pacific Basin Shipping's revenue was $2.08 billion, a decrease of -19.39% compared to the previous year's $2.58 billion. Earnings were $58.17 million, a decrease of -55.83%.

Financial numbers in USD Financial Statements

News

Pacific Basin Shipping Earnings Call Transcript: Q1 2026

Strong year-on-year TCE growth and market outperformance were achieved despite geopolitical disruptions, with prudent fleet modernization and capital allocation reducing CapEx. Freight rates remain elevated, but ongoing volatility and global risks persist.

6 weeks ago - Transcripts

Pacific Basin Shipping Earnings release: Q1 2026

Pacific Basin Shipping released its Q1 2026 earnings on April 16, 2026, summarizing the period's financial results.

6 weeks ago - Filings

Pacific Basin Shipping Slides: Q1 2026

Pacific Basin Shipping has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on April 16, 2026.

6 weeks ago - Filings

Pacific Basin Shipping Earnings Call Transcript: H2 2025

Solid 2025 results with $263.1M EBITDA and $58.2M net profit, strong liquidity, and 46% shareholder return. Despite softer freight markets and supply outpacing demand in 2026, segment resilience, disciplined fleet renewal, and robust capital allocation support a positive outlook.

3 months ago - Transcripts

Pacific Basin Shipping Annual report: H2 2025

Pacific Basin Shipping has published its H2 2025 annual report on March 3, 2026.

3 months ago - Filings

Pacific Basin Shipping Earnings release: H2 2025

Pacific Basin Shipping released its H2 2025 earnings on March 3, 2026, summarizing the period's financial results.

3 months ago - Filings

Pacific Basin Shipping Slides: H2 2025

Pacific Basin Shipping has posted slides in relation to its H2 2025 quarterly earnings report, which was published on March 3, 2026.

3 months ago - Filings

Pacific Basin Shipping Earnings Call Transcript: Q3 2025

Q3 2025 saw mixed freight rate trends, with Handysize earnings down and Supramax up year-over-year. The company maintained strong fleet renewal discipline, advanced its share buyback, and navigated regulatory and market disruptions, supporting a positive outlook for minor bulk shipping.

8 months ago - Transcripts

Pacific Basin Shipping Earnings release: Q3 2025

Pacific Basin Shipping released its Q3 2025 earnings on October 16, 2025, summarizing the period's financial results.

8 months ago - Filings

Pacific Basin Shipping Slides: Q3 2025

Pacific Basin Shipping has posted slides in relation to its Q3 2025 quarterly earnings report, which was published on October 16, 2025.

8 months ago - Filings

Pacific Basin Shipping Earnings Call Transcript: H1 2025

EBITDA reached $122M and net profit $26M in H1 2025, with strong liquidity and a 153% payout ratio via dividends and buybacks. Despite lower freight rates, core TCE earnings outperformed the market, and management remains positive on supply-driven market support.

10 months ago - Transcripts

Pacific Basin Shipping Quarterly report: H1 2025

Pacific Basin Shipping has published its H1 2025 quarterly earnings report on August 7, 2025.

10 months ago - Filings

Pacific Basin Shipping Earnings release: H1 2025

Pacific Basin Shipping released its H1 2025 earnings on August 7, 2025, summarizing the period's financial results.

10 months ago - Filings

Pacific Basin Shipping Slides: H1 2025

Pacific Basin Shipping has posted slides in relation to its H1 2025 quarterly earnings report, which was published on August 7, 2025.

10 months ago - Filings

Higher freight costs are coming from tariffs: S&P Global

Rahul Kapoor, global head of shipping research at S&P Global Commodity Insights, says he expects to see a rise in freight rates, port congestion, and supply chain inefficiency as a result of US recipr...

1 year ago - CNBC International TV

Pacific Basin Shipping downgraded to Hold from Buy at HSBC

HSBC analyst Parash Jain downgraded Pacific Basin Shipping to Hold from Buy with a price target of HK$2.70, down from HK$3.60. The analyst says a "muted orderbook did not support…

3 years ago - TheFly