Financial Highlights for Q3 2026

YTD Q3 2026 Revenue and Profit were lower than last year due to continued effective closure of Strait of Hormuz and resulting disruption to regional shipping activity.

• YTD Q3 2026 revenue declined by 22.9% vs the same period last year. Container Terminal revenue decreased by 31.7%, and Marine services decreased by 50.6%. The decline reflects the ongoing impact of regional conflict and effective closure of the Strait of Hormuz, disrupting shipping patterns. In contrast, General Cargo revenue increased by 18.2%, partially supporting overall revenue performance through temporary increase in bulk handling activity related to changes in regional supply chains. Performance in August and September showed an improving trend, with pick up in container throughput and marine calls although activity remained well below historical averages.
• Profit for the period was 65.9% below last year primarily driven by lower revenue. The impact was partially mitigated through proactive cost optimization initiatives across the business, including operational efficiencies and disciplined management of discretionary expenditure.