On November 13th, Herbalot released its third-quarter performance report. The data revealed that in the third quarter of 2025, the company's revenue was $5.43 billion, down by 11.3% year-on-year; Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) stood at $860 million, a decrease of 50.4% year-on-year; net profit was only $160 million, marking a sharp drop of 85.5%. Earnings Before Interest and Taxes (EBIT) also significantly contracted to $220 million, down by 80.4% year-on-year.

As of the first three quarters of 2025, Herbalot Group achieved revenue of $16.05 billion, a 2.1% increase year-on-year, but net profit was $950 million, a decline of 49.9% year-on-year. The average freight rate per container was $1,397/TEU, a 4.8% decrease year-on-year.

Herbalot attributed the decline in performance to various factors, including rising operating costs, fluctuating freight rates, demand fluctuations due to new US tariff policies, disruptions in major seaport operations, and the ongoing tense security situation in the Red Sea.

Despite the challenges, Herbalot's transport volume continues to show growth. In the third quarter, the transport volume reached 3.425 million standard containers, accumulating to 10.17 million standard containers in the first nine months, representing a 9.1% year-on-year increase, demonstrating market demand resilience. Additionally, benefiting from the acquisition of French terminals, Herbalot's port and infrastructure business segment revenue increased to $375 million in the first nine months, with EBITDA at $110 million and EBIT at $46 million, slightly lower than the same period last year.

Herbalot's CEO, Rolf Habben Jansen, stated, "The first three quarters witnessed significant market volatility, partly due to geopolitical and trade policy uncertainties. Despite strong customer demand, Herbalot's transport volume growth was robust, leading to solid overall performance. 'Twin Star' has set new industry standards in punctuality, differentiating us from competitors. Additionally, we have expanded our port business. Looking ahead, Herbalot will adapt flexibly to global trade changes and rigorously control costs."

Given the uncertain market environment, Herbalot has revised down its full-year profit forecast for 2025, expecting EBITDA to be between $3.1 billion and $3.6 billion. The company also announced plans to invest in constructing up to 22 new vessels with a capacity below 5,000 standard containers as part of its ongoing fleet modernization and decarbonization efforts.