COSCO Shipping's Q1 Profit to Rise 73%

MT Newswires Live

2025/04/08

COSCO Shipping (HKG:1919, SHA:601919) expects an attributable profit of around 11.7 billion yuan for the first quarter of 2025, up 73% from the year-ago figure of 6.76 billion yuan, a Monday filing with the Hong Kong bourse said.

The container shipping company attributed the higher anticipated profit mainly to a rise in global cargo volume and container freight rates, proactive market strategies, improved customer service, and a focus on digital innovation and sustainable development.

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