HK Stock Market Move | COSCO SHIP INTL (00517) drops more than 5% after performance, annual profit attributable to shareholders rises to HK$771 million, additional special dividend of 10 Hong Kong cents per share distributed.
China COSCO Shipping International (00517) fell by more than 5% after its performance, dropping by 4.67% to HK$6.53 as of press time, with a turnover of HK$27.09 million.
COSCO SHIP INTL(00517) fell more than 5% after the performance, dropping 4.67% to HK$6.53 at the time of writing, with a turnover of HK$27.09 million.
On the news front, on March 25, COSCO SHIP INTL announced its annual results for the year ending December 31, 2025. Revenue increased by 2% to HK$3.706 billion, mainly due to higher revenue from the coatings and ship trade agency divisions. Profit attributable to equity holders of the company rose by 9% to HK$771 million, mainly due to an increase in revenue, profit from an associated company, and net gains from foreign exchange. Basic and diluted earnings per share increased by 9% to 52.60 HK cents. The board of directors recommended a final dividend of 19 HK cents per share and an additional special dividend of 10 HK cents per share.
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