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Cosco Shipping Holdings reported an EBIT of $2.3 billion in Q1 2025, up 66% year-on-year.
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Net profit is projected at $1.8 billion, marking a 73% annual increase.
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These are Cosco’s strongest Q1 results outside of the COVID-19 era.
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Performance was driven by higher freight rates and increased shipping volumes.
According to Container News, Cosco Shipping Holdings has posted preliminary first-quarter financial results for 2025, showing earnings before interest and taxes (EBIT) of US$2.3 billion—a remarkable 66% jump compared to the same period in 2024.
The company’s net profit attributable to shareholders is estimated at US$1.8 billion, reflecting a significant 73% year-on-year rise, as reported by DynaLiners.
These Q1 2025 results are anticipated to be the highest for Cosco since the end of the COVID-19 pandemic, driven mainly by increased shipping volumes and elevated freight rates.
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Source: Container News
