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COSCO SHIPPING Energy: Net profit for the first quarter was 2.17B yuan, a year-on-year increase of 206.74%
COSCO SHIPPING Energy Transportation announces that revenue for the first quarter of 2026 was 7.3B yuan, a year-on-year increase of 26.92%; net profit was 2.17B yuan, a year-on-year increase of 206.74%. The main reason is that the foreign trade oil transportation market remained high during this period, and the company seized market opportunities externally and practiced lean management internally, resulting in an overall increase in efficiency.