COSCO Shipping Development released its 2026 interim report. Net profit attributable to the parent rose 3.1% year on year to 1.00 billion yuan in the first half, while operating revenue was 13.62 billion yuan, up 11.1% year on year. In the second quarter, operating revenue was 7.63 billion yuan, up 11.6% year on year, and net profit attributable to the parent was 587 million yuan, up 19.9% year on year. As of the end of the second quarter, total assets stood at 139.399 billion yuan, up 5.9% from the end of the previous year, and net assets attributable to the parent were 31.388 billion yuan, up 1.9%. Container manufacturing sales volume in the first half was 958,600 TEU, up 13.35% year on year. The company continued to focus on core businesses including container manufacturing, shipping leasing and container leasing.
Cosco Shipping Development Co LtdNet profit attributable to parent rose 3.1% to 1.00 billion yuan in H1, with Q2 profit up 19.9%.
