COSCO SHIPPING Ports Limited (CSP) recorded a year-on-year increase in throughput and revenue during the third quarter of 2025, despite higher operating costs and persistent global trade uncertainties.
For Q3 2025, total throughput reached 38.98 million TEU, representing a 4.2% increase compared to the same period last year. Equity throughput rose by 1.6% to 11.92 million TEU. Revenue grew 7.4% year-on-year to US$428.7 million, while gross profit declined by 2.4% to US$107.4 million, mainly due to higher sales costs. Profit attributable to shareholders increased slightly, rising 0.8% to US$82.5 million.
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For the first nine months of 2025, CSP handled a total throughput of 113.28 million TEU, up 5.6% year-on-year, while equity throughput increased 3% to 34.80 million TEU. Revenue for the period reached US$1.23 billion, an increase of 11.4%, and net profit rose 19.6% to US$264.3 million.
Terminals in China contributed 75.7% of CSP's total throughput, amounting to 29.50 million TEU, a year-on-year increase of 3.1%. Throughput in the Bohai Rim region rose by 5.1% to 13.54 million TEU, supported by stable performance at Dalian Container Terminal, which grew 0.8%. In the Yangtze River Delta, throughput increased by 1.9% to 4.35 million TEU, driven by a 3.2% rise at Shanghai Mingdong Container Terminal and a 22.8% increase at Wuhan CSP Terminal, which benefited from strong port-rail intermodal traffic.
In the Southeast Coast and Other regions, throughput declined by 4.9% to 1.41 million TEU, although Xiamen Ocean Gate Terminal recorded an 11.4% increase following the easing of U.S.-China tariff pressures. The Pearl River Delta region remained stable with a throughput of 7.71 million TEU, and equity throughput grew 1.5%. Guangzhou South China Oceangate Terminal achieved a 4.7% increase. The Southwest Coast region reported throughput growth of 10.7% to 2.49 million TEU, supported by Beibu Gulf Port's ongoing development as a gateway and transshipment hub.
Overseas terminals handled 9.48 million TEU, representing a 7.6% increase year-on-year and accounting for 24.3% of CSP's total throughput. Equity throughput rose by 2.2% to 3.50 million TEU. Piraeus Terminal recorded a 14.8% decline in throughput due to weaker demand in the Mediterranean region, while Zeebrugge Terminal and several other overseas locations continued to maintain steady growth, supported by improved regional trade flows and enhanced logistics network connectivity.
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© Cosco ShippingFor more information:
Ricky NG
COSCO Shipping
Tel: +86 2809 8131
Email: [email protected]
www.ports.coscoshipping.com
