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CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME      
Revenue - Shipping $ 1,015,745 $ 962,803 $ 1,224,520
Revenue - Product Services 2,566,394 2,600,944 1,722,820
Cost of cargo and delivery expenses - Product Services (2,460,924) (2,390,929) (1,547,059)
Voyage expenses - Shipping (348,238) (383,798) (509,340)
Vessel operating expenses (126,299) (84,984) (82,192)
Time charter contracts (non-lease components) (15,219) (19,675) (20,350)
General and administrative expenses (76,496) (71,134) (56,773)
Charter hire expenses (667) (1,041) (30,712)
Fair value (loss)/gain from equity financial asset (1,172) 1,326  
Finance lease income 895 635 278
Other operating (expense)/income - net (6,461) 1,332 (993)
Depreciation (255,561) (201,338) (217,121)
Amortisation of intangible assets (368) (843) (762)
Gain on disposal of vessels 56,708 20,391 42,374
Loss on derecognition of right-of-use assets (289)   (961)
Operating profit 348,048 433,689 523,729
Foreign currency exchange gain/(loss) - net 1,574 (1,651) (345)
Interest income 9,302 15,617 10,121
Interest expense (53,046) (19,849) (27,304)
Other finance expenses (1,968) (2,843) (2,237)
Finance expenses - net (44,138) (8,726) (19,765)
Profit before tax 303,910 424,963 503,964
Income tax expense (14,199) (30,095) (10,965)
Profit after tax 289,711 394,868 492,999
Items that will not be reclassified to profit or loss:      
Equity investments at FVOCI - fair value loss (11,422) (7,030)  
Items that may be reclassified subsequently to profit or loss:      
Cash flow hedges - fair value (loss)/gain (6,561) 62,841 (102,297)
Cash flow hedges - reclassification to profit or loss (3,995) (21,464) 49,978
Currency translation reserve 2,204 (1,022) 2,334
Other comprehensive (loss)/income, net of tax (19,774) 33,325 (49,985)
Total comprehensive income 269,937 428,193 443,014
Profit attributable to:      
Equity holders of the Company 242,313 354,296 469,957
Non-controlling interests 47,398 40,572 23,042
Profit after tax 289,711 394,868 492,999
Total comprehensive income:      
Equity holders of the Company 222,095 387,797 418,818
Non-controlling interests 47,842 40,396 24,196
Total comprehensive income $ 269,937 $ 428,193 $ 443,014
Earnings per share attributable to the equity holders of the Company:      
Basic earnings per share (US$ per share) $ 1.6 $ 2.65 $ 3.57
Diluted earnings per share (US$ per share) $ 1.6 $ 2.64 $ 3.53