Hua Er Jie Jian Wen·2025-04-29 16:26Core Viewpoint - COSCO Shipping Holdings reported significant growth in both revenue and profit for Q1 2025, driven by increased shipping volume and higher revenue per container [1][2]. Revenue and Profit - Q1 revenue reached 57.96 billion yuan, a year-on-year increase of 20.05% [5]. - Net profit attributable to shareholders soared to 11.695 billion yuan, reflecting a substantial year-on-year growth of 73.12% [5]. - The net cash flow from operating activities was 15.062 billion yuan, up 69.49% year-on-year, indicating strong cash generation capabilities [2][5]. Container Shipping Business - The container shipping segment generated revenue of 55.883 billion yuan in Q1, with a year-on-year growth exceeding 20% [2]. - The total shipping volume reached 6.4815 million TEUs, marking a 7.53% increase compared to the previous year [2]. - Revenue per container for international routes increased to 1,311.09 USD, up 11.86% from 1,172.06 USD in the same period last year [2]. Performance by Route - Revenue from the Trans-Pacific route was 15.825 billion yuan, a year-on-year increase of 26.30% [3]. - Revenue from intra-Asia routes reached 13.404 billion yuan, growing by 20.02% [3]. - Other international routes, including the Atlantic, saw revenue rise to 8.444 billion yuan, with a notable increase of 33.32% [3]. Terminal Business - The terminal business showed steady growth, with a total throughput of 35.7489 million TEUs in Q1, up 7.48% year-on-year [6]. - The growth in terminal throughput was driven by a 12.07% increase in the Southwest coastal region and a 10.22% increase in the Pearl River Delta region [6]. - The company continues to optimize its fleet, operating 554 container ships with a total capacity of 3.3738 million TEUs as of the end of Q1 [6].