China Merchants Port Group delivers strong H1 2025 performance
China Merchants Port Group announced a robust performance in the first half of 2025, with total operating income reaching RMB 8,468,491,376.08, a 6.19% increase year-on-year. Net profit attributable to shareholders grew by 3.13% to RMB 2,626,638,199.47. The company's ports handled 101.207 million TEUs, a 5.7% increase, despite a slight 0.7% decrease in bulk cargo volume to 630 million tonnes. Key operational highlights included the deployment of the self-developed CTOS system at TCP in Brazil and a test version at Kumport in Turkey, along with the launch of the "Piercept" artificial intelligence model.
The Group's strategic initiatives furthered its global footprint, notably with the acquisition of equity in Vast, a crude oil terminal in Brazil, on 28 February 2025. Significant advancements in ESG practices were recognized with an "AAA" ESG rating from WIND in the Transportation Infrastructure category, reflecting commitments to sustainable development.
Changes in the scope of consolidation included China United Tally Co., Ltd. Shantou becoming a subsidiary in January 2025, following an absorption of Shantou Zhongli Wailun Tally Co., Ltd., which was subsequently deregistered. The Group also reported an increase in share capital by 199,900 shares due to stock option exercises.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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