COSCO Shipping Energy Transportation Co Ltd

COSCO Shipping Energy Transportation released its 2026 interim report. Total operating revenue was 15.146 billion yuan, up 30.03% year on year. Net profit attributable to the parent company was 4.545 billion yuan, up 143.21% year on year. Net cash inflow from operating activities was 6.962 billion yuan, up 128.54% year on year. The company's asset-liability ratio was 49.05%, down 3.80 percentage points from the same period last year. Gross margin was 41.39%, up 18.22 percentage points year on year. Return on equity was 9.45%, up 4.35 percentage points year on year. Diluted earnings per share was 0.83 yuan, up 112.28% year on year. Total asset turnover was 0.16 times, and inventory turnover was 7.93 times, achieving five consecutive years of growth. The number of shareholders was 92,400, and the top ten shareholders held 77.87% of the total share capital.

COSCO Shipping Energy Transportation disclosed its 2026 half-year results on August 28. During the reporting period, the company achieved operating revenue of 15.146 billion yuan, up 30.03% year on year. Net profit attributable to shareholders of the listed company was 4.545 billion yuan, a year-on-year increase of 143.21%. The company also announced a dividend plan, proposing a cash dividend of 2.8 yuan per 10 shares, tax included, to all shareholders.