机构：中金公司 COSCO Shipping Holdings announced its 1H25 results: Revenue rose 7.80% YoY to Rmb109.10bn and net profit attributable to shareholders grew 1.94% YoY to Rmb17.54bn, implying EPS of Rmb1.05. In 2Q25, revenue fell 3.39% YoY and 11.77% QoQ to Rmb51.14bn, and net profit attributable to shareholders fell 42.25% YoY and 50.05% QoQ to Rmb5.84bn. The results miss our expectations, mainly due to lower-than- expected realized freight rates. In 2Q25, the firm's freight volume rose YoY and QoQ, freight rates fel ...