COSCO SHIP INTL (00517) saw its stock price soar by 6.04% during intraday trading on Wednesday, following the announcement of its impressive interim results for the first half of 2025 and a generous dividend declaration.

The company reported a significant 25.6% year-on-year increase in profit attributable to equity holders, reaching HK$487 million. Revenue also showed strong growth, rising 10.3% to HK$1.934 billion. The robust performance was primarily driven by increased segment revenue from coatings and ship trading agency businesses. Additionally, COSCO SHIP INTL benefited from higher shares of profits from its joint venture, COSCO Jotun Marine Coatings (Hong Kong) Limited, and improved net foreign exchange gains.

Investors were further encouraged by the company's decision to declare an interim dividend of HK$0.33 per share, reflecting confidence in its financial position and commitment to shareholder returns. The positive results and dividend announcement likely contributed to the significant stock price increase, as the market responded favorably to COSCO SHIP INTL's strong performance in a challenging global shipping environment.