COSCO SHIPPING Energy Transportation Co Class H ( (CSDXF) ) has released its Q3 earnings. Here is a breakdown of the information COSCO SHIPPING Energy Transportation Co Class H presented to its investors.
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COSCO SHIPPING Energy Transportation Co., Ltd. is a leading company in the maritime transportation sector, specializing in the shipping of oil and gas products. It operates primarily in the international tanker market, with a significant presence in the transportation of crude oil and liquefied natural gas.
In the third quarter of 2025, COSCO SHIPPING Energy Transportation reported a net profit attributable to shareholders of RMB 2.72 billion, reflecting a year-on-year decrease of 21.2%. Despite the decline, the company experienced a positive trend in the third quarter alone, with a net profit increase of 4.4% compared to the same period in 2024.
Key financial metrics reveal that the company’s revenue from operations for the first nine months of 2025 was RMB 17.11 billion, a slight decrease of 2.55% from the previous year. The profit before tax also saw a significant drop of 22.66%, amounting to RMB 3.49 billion. However, the tanker fleet deployment increased by 12.8%, and the transportation volume rose by 10.1%, indicating operational growth despite financial challenges.
Looking ahead, COSCO SHIPPING Energy Transportation remains optimistic about the future, with expectations of improved financial performance driven by rising VLCC freight rates and increased transportation demand. The company continues to focus on strategic growth in its core segments, aiming to leverage market opportunities in the international tanker industry.