COSCO Shipping Specialty: Net profit in 2025 is expected to increase by 16.29% year-over-year, with a proposed dividend of 3.25 yuan per 10 shares

COSCO SHIPPING Specialized Carriers (600428) announced its annual report on March 25. By 2025, it achieved operating revenue of 23.211 billion yuan, a year-on-year increase of 38.32%; net profit attributable to shareholders was 1.78 billion yuan, up 16.29%; basic earnings per share were 0.686 yuan. The company plans to distribute a cash dividend of 3.25 yuan per 10 shares (tax included). The company’s fleet size reached its highest level since listing by the end of 2025, with a total of 50 new ships added throughout the year. As of the end of the year, the controlled fleet capacity reached 198 ships, totaling 9.1185 million deadweight tons, a year-on-year increase of 48%.

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