COFCO Capital profit plunges 54% despite revenue stability

COFCO Capital Holdings reported operating revenue of RMB 4.89 billion for the first half of 2025, down 0.78% year-on-year, while net profit attributable to shareholders plunged 53.89% to RMB 848 million.

Operating cash flow surged 53.38% to RMB 9.88 billion, driven by increased insurance premium receipts. Total assets grew 11.99% to RMB 163.25 billion.

The company implemented new insurance contract accounting standards from January 1, 2025. During the period, COFCO Capital delisted its Tianjin commercial factoring subsidiary and established COFCO Futures (Singapore).