智通财经网·2025-09-01 01:49Core Viewpoint - COSCO Shipping Energy's stock rose over 5% following the release of its mid-year results for 2025, despite a decline in revenue and profit [1] Group 1: Financial Performance - For the first half of 2025, COSCO Shipping Energy reported a revenue of approximately RMB 11.573 billion, a year-on-year decrease of about 2.5% [1] - The profit attributable to equity holders was approximately RMB 1.894 billion, down about 29.0% year-on-year, with earnings per share at 39.71 cents [1] - The foreign trade tanker fleet generated transportation revenue of RMB 7.29 billion, a year-on-year decrease of 5.5%, while the gross profit was RMB 1.3 billion, down 48.9% year-on-year [1] - The gross profit margin for the foreign trade segment was 17.9%, a decrease of 15.2 percentage points year-on-year [1] Group 2: Market Dynamics - The foreign trade oil transportation segment, which is crucial for COSCO Shipping Energy's performance, saw a gross profit of RMB 1.289 billion in the first half of 2025, a decline of 49.1% year-on-year [2] - The decline in gross profit is attributed to the high base from the previous year's Red Sea crisis and the increase in new delivery capacity this year [2] - However, the second quarter showed a strong rebound in gross profit, increasing by 40.3% quarter-on-quarter, indicating significant upward elasticity and a recovery in the company's profitability [2]