COSCO Marine Holdings (01919) announced interim results. Profit attributable to shareholders of 13.393 billion yuan decreased by 23.59% year-on-year

According to the Zhitong Finance App, COSCO Marine Holdings (01919) announced interim results for the six months ended June 30, 2026. The group obtained revenue of RMB 111,922 billion (same unit), an increase of 2.59%; profit attributable to the company's equity holders was RMB 13.393 billion, a year-on-year decrease of 23.59%; basic profit per share was RMB 0.88, and an interim dividend of RMB 0.43 per share was planned.

During the reporting period, the Group insisted on strengthening, improving and expanding its main business, promoting large-scale development of the container fleet in an integrated manner, and promoting the upgrading and optimization of the capacity structure. The company continues to consolidate its scale advantage through a combination of building new ships and leasing ships. As of the end of July 2026, COSCO Maritime Control's self-operated container fleet was 606 ships, with a capacity of about 3.66 million TEUs; a total of 82 new shipbuilding orders, with a capacity of about 1.18 million TEUs; the total capacity of handheld leasing orders (under construction) was about 500,000 TEUs. As mentioned above, the total current capacity and order capacity had exceeded 5.3 million TEUs. While enhancing the Group's competitive advantage in traditional European and American main lines, it provides a more stable and reliable long-term capacity resource guarantee for developing emerging markets, regional markets and third country markets, and lays a solid foundation for the renewal and iteration of new and old capacity. COSCO Maritime Control strives to proactively respond to market uncertainty with the certainty of its own development and continue to consolidate its global competitiveness for the future.

The company adheres to customer demand as the guide, continuously optimizes the global route layout, focuses on strengthening key hub port connections and regional linkages such as Qiankai, Yangpu, Piraeus, and Abu Dhabi, and focuses on improving market service capabilities in key regions. In terms of core route construction, the company has focused on expanding the ability to connect markets such as Latin America, Southeast Asia, and Africa to connect global trade; in terms of building inland corridors, the company has repeatedly calculated and upgraded the China-Europe Land and Sea Express Iberian Sea Rail intermodal transport system and the new land and sea corridor sea-rail intermodal transport routes in the west. In the first half of this year, in the face of tension in the Middle East, the company relied on a safe port along the Gulf of Oman and the core hub port of Abu Dhabi to build a stable and efficient alternative transportation network. At the same time, the two brands joined hands with Ocean Alliance members to release DAY10 products, relying on 42 boutique routes and more than 500 direct port to port services, supporting a full chain of land and sea support to create a one-stop stable shipping plan for customers, winning market recognition and stabilizing market position. During the reporting period, the Group achieved strong growth in cargo volume on trans-Pacific routes, Asia-Europe routes, intra-Asian routes (including Australia), and domestic trade routes (year-on-year increases of 9.72%, 12.44%, 5.34% and 9.97%, respectively).

COSCO Maritime Control coordinates the layout of domestic and overseas supply chain resources, deepens the construction of “full-chain products, full-chain sales, full-chain operation, and full-chain customer service”, and comprehensively enhances global supply chain service capabilities. In the first half of the year, we focused on key regions and key customer needs, accelerated the improvement of domestic and overseas supply chain resource networks, and promoted the acquisition of global port terminals and supporting logistics resources, the creation of differentiated full-chain products, the construction of a full-chain marketing service network, and the improvement of the efficiency of integrated shipping and cargo services. Domestic and international railway, warehousing, customs and other businesses have maintained rapid growth, service capabilities in key industries such as automobiles, wind power, chemicals, and cross-border e-commerce have continued to improve, full-chain product systems have been continuously improved, and comprehensive service capabilities have continued to improve. For centralized factory shipments from home appliance customers, the company tailors a full-link integrated logistics solution from China to Europe, covering the full visual management of all aspects of domestic land transportation, international shipping, and European terminal delivery, and drastically shortens the order delivery cycle through a new integrated model of overseas pre-warehousing and port and shipping warehouses for home appliances, significantly improving delivery stability and customer inventory flexibility during peak season periods. During the reporting period, the Group's global supply chain business grew steadily. The container shipping business segment achieved supply chain revenue of 24.090 billion yuan other than shipping, an increase of 11.61% over the previous year.