COSCO SHIPPING Ports has announced a strong performance in the first quarter of 2025, with a total container throughput of 35.75 million TEUs (twenty-foot equivalent units). This figure represents a significant increase of 7.5% compared to the throughput achieved during the same period in the previous year (Q1 2024), reports Container News.
Significant Increase
In the first quarter of 2025, the Chinese port operator generated a revenue of US$381.5 million, marking a significant 14.7% increase compared to the same period in the previous year. The company also reported a profit attributable to equity holders of US$83.9 million for Q1 2025, which is a substantial 33.5% rise year-on-year. Furthermore, its gross profit saw a healthy 20.2% year-on-year increase, reaching US$105.2 million.
In an official statement, the Chinese firm commented on their performance, stating, “In the first quarter of 2025, amid insufficient global economic growth momentum, rising trade protectionism, and persistent geopolitical tensions, COSCO SHIPPING Ports proactively seized market opportunities, actively addressed risks and challenges, and countered external uncertainties with the certainty of its own development.”
The company’s latest financial results also revealed that COSCO’s terminal throughput in China experienced a 7.7% increase, reaching 27.17 million TEUs in the first quarter. This volume accounted for 76% of the Group’s total throughput. The remaining 24% of the throughput came from COSCO’s overseas terminals, which also demonstrated growth, increasing by 6.7% to reach 8.58 million TEUs.
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Source: Container News
