COSCO SHIPPING Holdings Co Class H ( (CICOF) ) has released its Q1 earnings. Here is a breakdown of the information COSCO SHIPPING Holdings Co Class H presented to its investors.
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COSCO SHIPPING Holdings Co., Ltd., a major player in the global shipping and logistics industry, is known for its extensive fleet of container vessels and its operations in both container shipping and port terminal services. The company has a significant presence in the Asia-Pacific region and is a key contributor to the global supply chain.
In its first quarterly report for 2025, COSCO SHIPPING Holdings reported a strong financial performance, with a notable increase in operating revenue and net profits compared to the same period last year. The company’s operating revenue reached RMB 57.96 billion, marking a 20.05% increase, while net profits attributable to equity holders surged by 73.12% to RMB 11.69 billion.
Key financial metrics highlight the company’s robust growth, driven by increased container shipping volumes and higher revenue per twenty-foot equivalent unit (TEU). The company reported a significant rise in net cash flows from operating activities, which grew by 69.49% year-on-year. Additionally, the company’s basic and diluted earnings per share both increased by 76.19%, reflecting improved profitability.
The company’s strategic focus on expanding its shipping capacity and enhancing its terminal operations has contributed to its strong performance. The total throughput of its subsidiary, COSCO SHIPPING Ports, increased by 7.48% in the first quarter of 2025, further solidifying its position in the market.
Looking ahead, COSCO SHIPPING Holdings remains optimistic about its growth prospects, supported by its strategic initiatives and the continued expansion of global trade. The company aims to leverage its extensive network and operational efficiencies to maintain its competitive edge in the shipping and logistics industry.