COSCO SHIPPING Ports (Stock Code: 1199) reported rising throughput and revenue for the third quarter and first nine months of 2025. According to the announcement, total throughput for the third quarter reached 38,981,544 TEU, up 4.2% year-on-year, while total throughput for the first nine months rose 5.6% year-on-year to 113,277,515 TEU. Revenue for the quarter climbed 7.4% to US$428.7 million, and 9M revenue grew 11.4% to US$1,234.7 million.

Profit attributable to equity holders advanced slightly by 0.8% year-on-year to US$82.5 million for the third quarter and surged 19.6% to US$264.3 million for the first nine months. Equity throughput expanded by 1.6% year-on-year in the third quarter to 11,922,048 TEU, and by 3.0% in the nine months to 34,801,623 TEU.

Among the regions, terminals in China contributed 75.7% of total throughput in the third quarter. The Bohai Rim region’s throughput rose 5.1% year-on-year, and Pearl River Delta throughput remained largely steady compared with the same period last year. Meanwhile, overseas terminal throughput increased 7.6% year-on-year to 9,478,574 TEU in the third quarter, equivalent to 24.3% of the Group’s total.

Management highlighted external uncertainties yet noted resilient global trade in 2025 and raised plans to further optimize the terminal network, strengthen service quality through digitization, and promote green port initiatives. The third-quarter results reflect a combination of stable throughput in China and continued expansion in select overseas terminals, contributing to overall profit growth.