COSCO SHIPPING Specialized Carriers reports strong revenue and profit growth

COSCO SHIPPING Specialized Carriers Co. Ltd. reported robust financial performance for the first nine months of 2025, with total operating revenue reaching CNY 16,610,522,356.82, a 37.92% increase compared to the previous year. Profit before tax also surged by 31.60% to CNY 2,103,050,985.29. Net profit attributable to shareholders rose by 10.54% to CNY 1,328,975,069.49, with basic and diluted earnings per share at CNY 0.522, despite a 6.79% decrease from the prior year.

The company's total assets grew by 22.76% to CNY 42,878,832,356.59 as of September 30, 2025, while owners' equity attributable to the parent company increased by 31.33% to CNY 16,524,027,945.50. This growth was primarily driven by increased operating capacity, higher shipping business revenue, and the implementation of a non-public stock offering that boosted share capital and share premium.

Operating costs also increased by 36.48% due to the expansion of the fleet and higher cargo volumes, leading to increased voyage operating expenses and vessel depreciation. Notably, the company’s cash flow from operating activities soared by 82.69% to CNY 4,262,329,833.92, reflecting the increased revenue scale.