COSCO Shipping Holdings stock reports a profit turnaround

Published on 09/29/2026 at 14:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

COSCO Shipping Holdings stock reported RMB 111.92 billion in first-half revenue, up 2.59 percent year on year. DBS raised its target to HKD 18.40.

COSCO Shipping Holdings, CNE1000002J7, Illustration mit AI erstellt.

COSCO Shipping Holdings (ISIN CNE1000002J7) was trading at EUR 1.85 at Lang & Schwarz on September 29, 2026, at 2:28 p.m. CEST. The company reported RMB 111.92 billion in first-half 2026 revenue, up 2.59 percent year on year, giving the stock a fresh earnings anchor.

Profit returns in first half

According to Futubull on September 25, 2026, profit attributable to shareholders reached RMB 17.53 billion in the six months ended June 30, 2026. The result compares with a RMB 4.14 billion loss in the same period, while basic earnings per share reached RMB 1.12.

The earnings recovery was paired with a RMB 0.43 interim cash dividend per share, equal to 49 percent of attributable profit, according to Futubull. Container shipping generated RMB 107.30 billion of revenue, up 2.38 percent, while terminal revenue rose 8.30 percent to RMB 6.33 billion.

DBS raises target to HKD 18.40

DBS Group Research raised its target for the Hong Kong-listed shares from HKD 14.20 to HKD 18.40 on September 1, 2026, while retaining a Hold rating, Futubull reported. The bank cited stronger second-quarter freight rates and forecast higher 2026 revenue and earnings.

That view places freight pricing at the center of the investment case. Management expects rates to stay elevated in the third quarter before easing in the fourth quarter as cargo growth slows, according to the same September 1 report.

Stock trades at EUR 1.85

COSCO Shipping Holdings was trading at EUR 1.85 at Lang & Schwarz on September 29, 2026, at 2:28 p.m. CEST. Its Hong Kong listing trades under ticker 01919, and the company had a market capitalization of HKD 255.8 billion as of September 29, 2026; its 52-week range was HKD 11.61 to HKD 18.04.