COSCO SHIPPING Development Lifts 2025 Profit Despite Lower Revenue

The latest update is out from COSCO SHIPPING Development Co ( (HK:2866) ).

COSCO SHIPPING Development reported revenue from continuing operations of RMB24.98 billion for 2025, down from the previous year, but profit before tax improved to RMB2.07 billion and profit attributable to shareholders reached RMB1.61 billion. The company’s profitability benefited from lower finance costs and a net reversal of expected credit losses, and the board proposed a final dividend of RMB0.015 per share, signaling confidence in its financial position despite softer top-line performance.

Earnings per share came in at RMB0.1214, and profits from continuing operations increased even as discontinued operations no longer contributed to the bottom line, suggesting a clearer focus on the core business. Contributions from associates remained strong, helping to offset weaker revenue and other gains, which may support COSCO SHIPPING Development’s role as a financial and asset platform within the wider COSCO SHIPPING ecosystem and provide continued returns to shareholders.

The most recent analyst rating on (HK:2866) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on COSCO SHIPPING Development Co stock, see the HK:2866 Stock Forecast page.

More about COSCO SHIPPING Development Co

COSCO SHIPPING Development Co., Ltd. is a PRC-incorporated joint stock company listed in Hong Kong that operates within the broader shipping and logistics sector under the COSCO SHIPPING group. The company is engaged in shipping-related development and investment activities, generating revenue primarily from continuing operations that support the group’s maritime and logistics businesses.

YTD Price Performance: 13.33%

Average Trading Volume: 63,126,706

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$34.66B

For a thorough assessment of 2866 stock, go to TipRanks’ Stock Analysis page.