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China-based Cosco Shipping Ports expects ‘limited’ impact from Iran conflict (www.scmp.com)

submitted 2 weeks ago by rss@news.abolish.capital to c/china@news.abolish.capital

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Cosco Shipping Ports, a unit of state-owned giant Cosco Shipping, reported modest earnings growth for 2025, as management expects to expand in emerging markets amid rising geopolitical risks to global trade. Net profit rose 1.1 per cent to US$312.1 million, and revenue increased 11 per cent to US$1.67 billion, according to its 2025 results. Total container throughput climbed 6.2 per cent to 153 million twenty-foot equivalent units (TEUs). The company’s overseas terminals saw strong growth, with...

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