{
  "id": 17130698,
  "title": "COSCO SHIPPING Ports Announces 2026 Third Quarter Results",
  "url": "https://urgent.news/2026/10/29/cosco-shipping-ports-announces-2026-third-quarter-results",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T22:00:29.000Z",
  "source": {
    "name": "Hellenic Shipping News",
    "slug": "hellenic-shipping-news",
    "url": "https://www.hellenicshippingnews.com/cosco-shipping-ports-announces-2026-third-quarter-results/"
  },
  "original_language": "en",
  "account": "COSCO SHIPPING Ports Limited, a global leader in ports logistics services, disclosed its financial results for the third and ninth quarters of 2026. Total throughput rose by 8.4% year-over-year to 42,266,553 TEU in the third quarter, while equity throughput grew by 8.1% to 12,884,563 TEU. Revenue reached US$484,325,000, an 13.0% increase from the previous year, and profit attributable to equity holders of the Company climbed by 0.1% YoY to US$82,589,000. For the nine months, total throughput expanded by 8.1% YoY to 122,423,600 TEU, equity throughput increased by 7.4% to 37,376,571 TEU, revenue rose by 12.6% to US$1,389,669,000, and profit attributable to equity holders increased by 19.7% to US$316,261,000.\n\nCOSCO SHIPPING Ports emphasized its commitment to operational excellence and efficiency, citing improvements in its port and shipping network. Revenue increased by 13.0% YoY to US$484.3 million in the third quarter, and gross profit rose by 19.3% YoY to US$128.1 million, reflecting a higher growth rate. For the nine months, revenue grew by 12.6% to US$1,389.7 million, gross profit increased by 12.6% to US$367.6 million, and profit attributable to equity holders surged by 19.7% to US$316.3 million.\n\nIn China, total terminal throughput increased by 4.9% YoY to 30,944,536 TEU, constituting 73.2% of the Group's total throughput. Equity throughput rose by 4.9% to 8,836,915 TEU, accounting for 68.6% of the Group's equity throughput. The Bohai Rim region saw a 4.3% YoY increase in total throughput to 14,119,086 TEU, making up 33.4% of the Group's total. Equity throughput grew by 3.5% to 3,596,452 TEU, representing 27.9% of the Group's equity throughput.\n\nIn the Yangtze River Delta, total throughput decreased marginally by 0.3% YoY to 4,337,745 TEU, comprising 10.3% of the Group's total. Equity throughput increased by 1.6% to 1,267,657 TEU, representing 9.8% of the Group's equity throughput. Wuhan CSP Terminal Co., Ltd. (CSP Wuhan Terminal) strengthened its hub position and port-railway cargo sourcing competitiveness, driving a 17.0% YoY increase in total throughput to 87,112 TEU.\n\nThe Southeast Coast and Others region experienced a 7.6% YoY surge in total throughput to 1,514,882 TEU, comprising 3.6% of the Group's total. Equity throughput grew by 7.7% to 1,179,290 TEU, accounting for 9.2% of the Group's equity throughput. Xiamen Ocean Gate Container Terminal Co., Ltd. added new foreign trade routes, resulting in a 7.8% YoY increase in total throughput to 753,836 TEU.\n\nThe Pearl River Delta region reported a 7.6% YoY rise in total throughput to 8,300,352 TEU, making up 19.6% of the Group's total. Equity throughput climbed by 7.1% to 2,225,574 TEU, representing 17.3% of the Group's equity throughput. COSCO SHIPPING Ports benefited from expanding demand in the Mediterranean region, with Piraeus Container Terminal Single Member S.A. (Piraeus Terminal) recording an 11.4% YoY increase in total throughput to 1,090,284 TEU. COSCO SHIPPING Ports continued to invest in artificial intelligence and high-tech product exports, contributing to the growth in total throughput.",
  "summary": "COSCO SHIPPING Ports Limited, the world’s leading ports logistics service provider, today announced the results of the Company and its subsidiaries (the ‘Group’) for the 3 months and 9 months ended 30 September 2026. 2026 Third Quarter Results Highlights – Total throughput increased by 8.4% YoY to 42,266,553 TEU – Equity throughput increased by 8.1% ...",
  "key_points": [
    "COSCO SHIPPING Ports reports 8.4% YoY increase in total throughput to 42,266,553 TEU in Q3 2026",
    "Revenue rises 13.0% YoY to US$484.3 million in Q3 2026",
    "Profit attributable to equity holders increases 19.7% YoY to US$316.3 million in 9 months"
  ],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/17130698.png",
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Financial Post",
        "title": "Trisura Announces Timing of Third Quarter Results Release and Earnings Conference Call",
        "url": "https://urgent.news/2026/10/29/trisura-announces-timing-of-third-quarter-results-release-and",
        "published": "2026-10-29T20:29:33.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}