COSCO’s net profit climbs by 45% YoY in 2025
The group said this was driven by higher sales.
COSCO SHIPPING International’s net profit attributable to equity holders amounted to $7.9m during the financial year 2025, marking a 45% year-on-year increase.
The group said this was driven by higher sales, with revenue for the period totalling $194m, 12% higher YoY.
Logistics activities accounted for approximately 85% of group revenue, increased by 10% YoY to $165.5m.
Moreover, the increase in revenue from the Ship Repair and Marine Engineering segment by 30% YoY to $26.3m was driven by an increase in volume of ship repair jobs.
However, revenue from the Property Management segment decreased by 25% YoY to $2.18m.