The following release was published by COSCO SHIPPING Ports:
COSCO SHIPPING Ports Limited (“COSCO SHIPPING Ports” or “CSP” or the “Company”, SEHK: 1199), the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the “Group”) for the 3 months and 9 months ended 30 September 2025.
2025 Third Quarter Results Highlights
- Total throughput increased by 4.2% YoY to 38,981,544 TEU
- Equity throughput increased by 1.6% YoY to 11,922,048 TEU
- Revenue of the Company increased by 7.4% YoY to US$428,670,000
- Profit attributable to equity holders of the Company increased by 0.8% YoY to US$82,502,000
2025 9 Months Results Highlights
- Total throughput increased by 5.6% YoY to 113,277,515 TEU
- Equity throughput increased by 3.0% YoY to 34,801,623 TEU
- Revenue of the Company increased by 11.4% YoY to US$1,234,678,000
- Profit attributable to equity holders of the Company increased by 19.6% YoY to US$264,298,000
FINANCIAL REVIEW COSCO SHIPPING Ports’ 3Q2025 revenue increased by 7.4% YoY to US$428.7 million. Cost of sales increased by 11.2% YoY to US$321.3 million. Gross profit decreased by 2.4% YoY to US$107.4 million. During the period, profit attributable to equity holders of the Company was US$82.5 million, recording an increase of 0.8% YoY.
OPERATIONAL REVIEW
China
For the three months ended 30 September 2025, total throughput of the terminals in China increased by 3.1% YoY to 29,502,970 TEU (3Q2024: 28,603,312 TEU) and accounted for 75.7% of the Group’s total throughput. Total equity throughput of terminals in China increased by 1.3% YoY to 8,422,090 TEU (3Q2024: 8,312,942 TEU), accounting for 70.6% of the Group’s total equity throughput. Bohai Rim For the three months ended 30 September 2025, total throughput of the Bohai Rim region increased by 5.1% YoY to 13,542,749 TEU (3Q2024: 12,889,080 TEU) and accounted for 34.7% of the Group’s total. Total equity throughput of the Bohai Rim region decreased by 0.4% YoY to 3,475,303 TEU (3Q2024: 3,490,715 TEU) and accounted for 29.1% of the Group’s total equity throughput. Dalian Container Terminal Co., Ltd. maintained steady volume growth, with total throughput increased by 0.8% YoY to 1,368,930 TEU (3Q2024: 1,357,989 TEU).
Source: COSCO SHIPPING Ports