Cosco Shipping Holdings reported an EBIT of $2.3 billion in Q1 2025, up 66% year-on-year.
Net profit is projected at $1.8 billion, marking a 73% annual increase.
These are Cosco’s strongest Q1 results outside of the COVID-19 era.
Performance was driven by higher freight rates and increased shipping volumes.
According to Container News, Cosco Shipping Holdings has posted preliminary first-quarter financial results for 2025, showing earnings before interest and taxes (EBIT) of US$2.3...
https://mfame.guru/cosco-reports-robust-q1-2025-performance-with-soaring-profits/