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Q3 2025 saw a 20% drop in revenue and a 55% decline in net profit year-over-year, mainly due to lower freight rates and operational challenges. Container shipping volume grew 6%, but EBIT margin and revenue per TEU fell sharply amid volatile market conditions.
Original document: COSCO SHIPPING Holdings Co., Ltd. Class A [601919] Earnings Release — Oct. 30 2025
Revenue and net profit grew 7.78% and 4.88% year-over-year, respectively, with strong gains in both container shipping and terminal throughput. The company declared a 50% payout interim dividend, repurchased and cancelled shares, and continued investing in fleet expansion and green initiatives amid ongoing market volatility.
Original document: COSCO SHIPPING Holdings Co., Ltd. Class A [601919] Earnings Release — Aug. 28 2025
Revenue and net profit grew 7.78% and 3.90% year-over-year, respectively, with strong container and terminal volume growth. Interim dividend of RMB0.56 per share declared, and significant capital was allocated to green fleet expansion and digital transformation.
Original document: COSCO SHIPPING Holdings Co., Ltd. Class A [601919] Interim report — Aug. 28 2025
Hong Kong stocks rebounded Wednesday from a loss in the previous day following JD.com's strong quarterly earnings.
The Hang Seng Index surged 2.3%, or 532.38 points, to end at 23,640.65. The Hang Seng China Enterprises Index rose 2.47%, or by 206.86 points, to 8,593.07.
Investor sentiment improved after JD.com reported an attributable profit of 10.9 billion yuan in the first quarter, up from 7.13 billion yuan a year prior. The e-commerce giant's revenue also grew 16% to 301.1 billion yuan.
Chinese tech giants Tencent and Alibaba each gained 3% ahead of the release of their earnings reports.
Additionally, shipping firms in Hong Kong advanced on expectations of a boost in demand fueled by a temporary reduction in US tariffs as a result of a trade truce.
Retailers are expected to take advantage of the lower levies and stockpile for the Black Friday and Christmas seasons, the Financial Times reported.
The US will also slash the "de minimis" duty for low-value Chinese imports to as little as 30%, Reuters reported, citing a White House executive order and industry experts.
As a result, Orient Overseas (International) and COSCO Shipping added 5% and 3%, respectively.
Q1 2025 saw a 20% rise in revenue and a 73% surge in net profit, driven by higher shipping volumes and improved margins. Share repurchases and governance reforms were advanced, while terminal and container shipping segments posted robust growth.
Original document: COSCO SHIPPING Holdings Co., Ltd. Class A [601919] Earnings Release — Apr. 29 2025
COSCO SHIPPING Ports grew throughput 6.1% and revenue 3.3% year-over-year, but net profit fell 4.8% amid global disruptions. The company advances digital and green initiatives while maintaining a stable financial position and outlook for continued expansion.
Original document: COSCO SHIPPING Holdings Co., Ltd. Class A [601919] Earnings Release — Mar. 21 2025
Revenue rose 33% YoY to RMB233.86B, net profit surged 96% to RMB55.59B, and ROE reached 22.63%. Container shipping and terminal segments both saw double-digit growth, with strong cash flow and a 50% dividend payout. Geopolitical and economic risks remain, but digital and green initiatives are accelerating.
Original document: COSCO SHIPPING Holdings Co., Ltd. Class A [601919] Earnings Release — Mar. 21 2025
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