Martin Froegaard
Chief Executive Officer
Replay available
Pacific Basin Shipping Limited (PCFBF) Q2 2025 Earnings Call
Pacific Basin Shipping Limited (OTC: PCFBF) Q2 2025 earnings conference call, held 2025-08-07. Replay captured from the company's public earnings webcast.
Hosted by
Featured presenters
Jimmy Ng
Chief Financial Officer
Nathan G
Analyst
Parrish James
Analyst
Investor webinar replay
Watch the replay and follow the connected company analysis, news, and investor updates for Pacific Basin Shipping Limited.
Replay transcript excerpt
WEBVTT 00:00:00.031 -- 00:00:05.160 Welcome to today's Pacific Basin 2025 Interim Results Announcement Conference 00:00:05.160 -- 00:00:09.227 Call. I am pleased to present Chief Executive Officer, Mr. 00:00:09.227 -- 00:00:12.593 Martin Froegaard, and Chief Financial Officer, Mr. 00:00:12.593 -- 00:00:18.303 Jimmy Ng. For the first part of this call, all participants will be in listen-only mode, 00:00:18.303 -- 00:00:21.549 and afterwards, there will be a question and answer session. 00:00:21.549 -- 00:00:23.232 Mr. Froegaard, please begin. 00:00:23.232 -- 00:00:24.895 Thank 00:00:24.895 -- 00:00:30.267 you. Welcome, ladies and gentlemen, and thank you for attending Pacific Basin's 2025 00:00:30.267 -- 00:00:35.514 Interim Results Earnings Call. As you know, my name is Martin Forgo, CEO 00:00:35.514 -- 00:00:40.121 of Pacific Basin, and I'm joined by our CFO, Jimmy Ng. 00:00:40.121 -- 00:00:43.325 Assuming that you have already gone through the presentations, we will highlight key 00:00:43.325 -- 00:00:47.992 points discussed in it before we proceed to Q&A session. 00:00:47.992 -- 00:00:50.773 Please turn to slide three. 00:00:51.044 -- 00:00:56.730 In the first half of 2025, we generated an EBITDA of US$122 00:00:56.730 -- 00:01:02.416 million, an underlying profit of $22 million and a net profit of $26 00:01:02.416 -- 00:01:07.482 million. This yielded a 3% annualized return on equity and 00:01:07.482 -- 00:01:12.605 a basic earning per share of 3.9 Hong Kong cents. 00:01:12.747 -- 00:01:18.500 Our core business contributed US$51 million before overheads 00:01:18.500 -- 00:01:22.567 compared to $77 million in 2024, 00:01:22.567 -- 00:01:24.610 while our 00:01:24.610 -- 00:01:26.610 operating 00:01:27.234 -- 00:01:32.363 activity contribution increased to $10 milli...