COSCO SHIPPING Holdings Co LtdNet profit fell 23.48% year-on-year despite revenue growth, indicating margin pressure.

COSCO Shipping Holdings released its 2026 interim report. Total operating revenue was 111.922 billion yuan, up 2.59% year-on-year, while net profit attributable to the parent company was 13.419 billion yuan, down 23.48% year-on-year. Net cash inflow from operating activities was 23.33 billion yuan, down 9.49% year-on-year. The company's asset-liability ratio was 41.01%, gross margin was 18.34%, return on equity was 5.74%, and diluted earnings per share was 0.88 yuan, down 21.43% year-on-year. Total asset turnover was 0.23 times, up 5.61% year-on-year, and inventory turnover was 12.38 times, down 7.49% year-on-year. The number of shareholders was 430,600, and the top ten shareholders held 71.42% of the total share capital.
COSCO SHIPPING Holdings Co LtdNet profit fell 23.48% year-on-year despite revenue growth, indicating margin pressure.