COSCO SHIPPING reports strong mid-year results, plans dividend

COSCO SHIPPING Holdings announced a proposed interim cash dividend of 0.56 yuan per share for the first half of 2025, totaling approximately 8.674 bn yuan, representing 50% of its net profit attributable to shareholders. This follows robust growth, with the company’s operating revenue reaching 109.099 bn yuan, a 7.78% increase year-over-year, and net profit attributable to shareholders increasing by 3.95% to 17.536 bn yuan. The company repurchased and canceled 152,417,549 A shares and 319,960,500 H shares, reducing its total share capital.

The company's board also approved new agreements for daily related-party transactions for 2026-2028, covering financial, shipping, and terminal services with affiliates. COSCO SHIPPING Holdings held its semi-annual performance briefing on September 22, 2025, to discuss results and address investor queries.

Further corporate governance enhancements include a capital reduction and the abolishment of the supervisory board, with its responsibilities transferred to the board of directors' audit committee. The company also confirmed its financial arm maintains legal compliance and stable operations.