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中远海运港口(1199.HK)_初步解读_2025 年第二季度业绩超预期,受欧洲码头吞吐量和平均售价强劲推动;买入评级
2025-08-29 02:19
29 August 2025 | 1:19AM HKT COSCO Shipping Ports Ltd. (1199.HK): First Take: 2Q25 results beat, driven by strong throughput and ASP of European terminals; Buy COSCO Shipping Ports released 1H25 results on Aug 28 after market close, where1H25 net profit of US$182mn (+31% YoY/+7% HoH) came in above our expectation and market consensus, accounting for 59% of full-year estimates. This also implies 2Q25 net profit of US$98mn (+28% YoY/+17% QoQ), vs. 1Q25 net profit of US$84mn (+33% YoY/-4% QoQ), despite a disrup ...