Amid a backdrop of global economic slowdown, rising trade protectionism, and persistent geopolitical tensions, COSCO SHIPPING Ports has delivered a performance that exceeded expectations.

Q1 2025 Performance Highlights

• Total throughput rose 7.5% year-on-year to 35,748,931 TEUs

• Equity throughput increased 5.3% to 11,059,655 TEUs

• Throughput at controlled terminals grew 7.2% to 7,957,660 TEUs

• Throughput at non-controlled terminals climbed 7.6% to 27,791,271 TEUs

• Revenue surged 14.7% to USD 381.51 million

• Profit attributable to equity holders jumped 33.5% to USD 83.91 million

Financial Review

In Q1 2025, despite subdued global economic momentum, intensified protectionist policies, and ongoing geopolitical uncertainties, COSCO SHIPPING Ports proactively seized market opportunities and effectively navigated risks. It responded to external volatility with a strategy focused on internal stability and resilience. Revenue increased by 14.7% to USD 381.51 million, while gross profit rose 20.2% to USD 105 million, lifting gross profit margin by 1.3 percentage points to 27.6%. Profit attributable to equity holders surged 33.5% to USD 83.91 million.

Operational Overview

Focusing on its core port business and driven by its dual-engine strategy of “global presence” and “lean operations,” the company steadily enhanced operational quality and efficiency. In Q1 2025, the Group’s total throughput rose 7.5% to 35.75 million TEUs, and equity throughput increased 5.3% to 11.06 million TEUs.

Throughput at terminals in China rose 7.7% year-on-year to 27.17 million TEUs, representing 76.0% of the Group’s total. Equity throughput in China increased 3.8% to 7.79 million TEUs, accounting for 70.5% of the Group’s equity volume.

Overseas terminals handled 8.58 million TEUs, up 6.7% and representing 24.0% of total throughput. Overseas equity throughput rose 8.9% to 3.27 million TEUs, accounting for 29.5% of total equity throughput.

These figures underscore COSCO SHIPPING Ports’ robust operational capacity during a time of global supply chain turbulence and reaffirm the international competitiveness of China’s port and shipping enterprises.

Whether advancing port connectivity under the Belt and Road Initiative or building a global shipping hub network, COSCO SHIPPING Ports continues to demonstrate strong strategic execution and resilient growth.