COSCO Shipping Holdings reports strong interim revenue and profit growth

COSCO Shipping Holdings reported revenues of RMB109.1 billion for the six months ended June 30, 2025, a 7.78% increase from the RMB101.2 billion reported in the same period of 2024. Profit attributable to equity holders of the company rose by 3.90% to RMB17.5bn, up from RMB16.9bn previously. Basic earnings per share increased to RMB1.12 from RMB1.05.

The container shipping business saw revenues climb to RMB104.8bn, a 7.49% rise year-over-year. The terminal business also performed well, generating RMB5.8bn in revenue, marking a 14.75% increase. The group's total operating costs for the period were RMB86.7bn, an 11.03% increase.

The board approved an interim cash dividend of RMB0.56 per ordinary share (tax inclusive) for 2025, representing approximately 50% of the net profit attributable to equity holders. During the reporting period, the company repurchased 102 million A shares and 237 million H shares, which were subsequently cancelled.