-
COSCO Shipping Ports reported a 13.6% year-on-year increase in revenue to $806 million for the first half of 2025
-
Total throughput went up by 6.4% to 74,295,971 twenty-foot equivalent units
-
Operations in China accounted for 75.9% of the COSCO group’s total throughput and the remaining 24.1% were from overseas terminals
-
The company said its positive financial performance came amid a moderate recovery observed in the global economy although marine transportation channels remained under significant pressure from trade protectionism and regional conflicts
COSCO Shipping Ports Ltd. has announced a 13.6% year-on-year increase in revenue to $806 million for the first half of 2025, based on interim results.
The China-based company said gross profit increased by 10.3% YoY to $219.1 million while share of profits from joint ventures and associates increased by 13.1% YoY to $175.8 million.
During the six-month period, the profit attributable to equity holders of the company increased by 30.6% YoY to $181.8 million.
The international ports logistics service provider said its positive financial performance came amid a moderate recovery observed in the global economy although marine transportation channels remained under significant pressure from trade protectionism and regional conflicts.
“In the face of these challenges, the Company has effectively enhanced its overall operational resilience by continued deepening of its lean operation management and
constant optimization of its resource allocation and business processes,” COSCO Shipping Ports said in a statement.
Total throughput went up by 6.4% YoY to 74,295,971 twenty-foot equivalent unit (TEU) while equity throughput increased by 3.8% YoY to 22,879,575 TEU.
For its operations in China, total throughput of the terminals increased by 5.7% in the first half of 2025 to 56,390,125 TEU from 53,335,822 TEU in the same period last year.
This accounted for 75.9% of the COSCO group’s total throughput and the remaining 24.1% were from foreign operations.
In overseas terminals, total throughput increased by 8.4% to 17,905,846 TEU from 16,522,679 TEU) during the period in review
For the second half of the year, with global economic growth slowing down due to trade barriers and global policy uncertainties, COSCO Shipping Ports said it “will focus on its core port operations and continue to deepen its lean operations development strategy.”
The company said it plans to strengthen hub port construction and enhance the service capabilities of key hub ports such as CSP Wuhan Terminal, Piraeus Terminal, CSP Abu Dhabi Terminal L.L.C., and COSCO SHIPPING Ports Chancay PERU S.A.