Mei Ri Jing Ji Xin Wen·2025-10-30 11:29Core Insights - COSCO Shipping Holdings (601919.SH) reported a significant decline in both revenue and net profit for Q3 2025, reflecting the challenging conditions in the container shipping market [1] Financial Performance - In Q3 2025, the company achieved operating revenue of 58.499 billion yuan, a year-on-year decrease of 20.42% [1] - The net profit attributable to shareholders was 9.533 billion yuan, down 55.14% year-on-year [1] - For the first three quarters of 2025, total operating revenue reached 167.6 billion yuan, a decline of 4.09% compared to the same period last year [1] - The net profit attributable to shareholders for the first three quarters was 27.070 billion yuan, representing a decrease of 29.00% year-on-year [1] Market Conditions - The decline in financial performance is primarily attributed to changes in the supply-demand dynamics of the container shipping market [1] - The market freight rate level saw a significant year-on-year drop, with the China Containerized Freight Index (CCFI) average decreasing by 39.49% in Q3 2025 [1] - The company's container shipping business experienced a year-on-year decline in revenue per container, leading to reduced operational efficiency [1]