1. Factual Date: August 5, 2026 2. Company Name: Hui Yang Shipping Co., Ltd. 3. Relationship with Company (Please Enter '本公司' or 'Subsidiary'):本公司 (Parent Company) 4. Cross-shareholding Ratio: Not Applicable 5. Reason for Occurrence: Supplemental announcement of self-compiled earnings for July 2026 6. Response Measures: Issuance of Material Information 7. Other Matters to be Disclosed (If the subject of the event or resolution is a publicly issued company or above, this material information also meets the criteria under Article 7, Paragraph 9 of the Enforcement Rules of the Securities and Exchange Act regarding matters significantly affecting shareholders' rights or securities prices):

Monthly Operating Revenue: USD 65,139,048, TWD 2,097,738 (in thousands) Year-on-Year Change Rate: 42.14% Cumulative Operating Revenue: USD 371,435,539, TWD 11,770,049 (in thousands) Year-on-Year Change Rate: 34.83% Monthly Operating Profit: USD 28,659,225, TWD 922,942 (in thousands) Year-on-Year Change Rate: 172.05% Cumulative Operating Profit: USD 130,854,793, TWD 4,146,527 (in thousands) Year-on-Year Change Rate: 253.99% Monthly Pre-Tax Income: USD 27,004,636, TWD 869,658 (in thousands) Year-on-Year Change Rate: 224.05% Cumulative Pre-Tax Income: USD 124,087,514, TWD 3,932,085 (in thousands) Year-on-Year Change Rate: 604.35% Monthly Pre-Tax EPS: 1.17 Cumulative Pre-Tax EPS: 5.27

Calculation Basis: End-of-Period Monthly Average Annual Average TWD/USD 32.29 32.204 31.688 JPY/USD 160.20 162.48 158.77 Number of Issued Shares 746,409,199 - - Weighted Average Shares for EPS 746,409,199 - - End-of-Period Previous Month Same Period Last Year Number of Vessels 129 130 132 BDI 2732 2501 2003

Change Analysis: 1. Fleet Changes: On July 31, the vessel Jacques (DWT 4,745 / Other) was sold. 2. Operational Changes: Seven vessels entered dry dock this month. 3. Exchange Rate Fluctuations: Exchange gains/losses arose from JPY and CHF borrowings due to currency movements. 4. Vessel Charter Changes: No vessel charter replacements this month. 5. Operating Profit: Monthly operating profit increased by 172.05% year-on-year, primarily due to weak market conditions in the first half of 2025, resulting in a low base comparison. 6. Non-operating Gains/Losses: This month, exchange losses of approximately USD 170,000 occurred due to JPY appreciation, exchange gains of approximately USD 460,000 due to TWD depreciation, and exchange gains of approximately USD 450,000 due to CHF depreciation. Additionally, a disposal loss of approximately USD 570,000 was recognized from the sale of one vessel.

Preparation Notes: 1. The company adopts IFRS as its accounting standard. 2. The company uses USD as its functional currency. TWD figures are converted using the period-average exchange rate. However, valuation gains/losses are calculated using the end-of-period exchange rate. 3. Change rates are calculated based on USD-denominated financial figures compared to the same period last year. 4. Earnings per share (EPS) is calculated using the weighted average number of shares outstanding. 5. Depreciation and crew wages are recognized on a monthly basis, while charter revenue is recognized on a daily accrual basis, so operating days may slightly affect revenue and operating profit. 6. Vessel lubricant expenses are estimated monthly but adjusted quarterly based on actual consumption. 7. Vessel depreciation periods may vary depending on vessel condition, tonnage, and specifications, but new vessels are generally depreciated over 25 years. Salvage value is estimated by multiplying the light ship weight by scrap metal prices. 8. This financial information is self-compiled by the company and has not yet been audited or certified by an accountant.

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  • Source: PR Times
  • Category: News