China COSCO Shipping: First-half net profit expected to increase by 547.03%–628.31% year-on-year
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```htmlGolden Ten Data reported on July 13 that China Cosco Shipping announced its expected net profit for the first half of 2026 to be between 110 million and 130 million yuan, representing a year-on-year increase of 547.03% to 628.31%. Regarding the reasons for the significant change in performance, the company attributed it to improved operational efficiency, dynamic optimization of domestic and international trade routes, a substantial year-on-year increase in BDI and BPI, a recovery in domestic demand for coal and bulk cargo transportation, as well as supply-demand mismatches in the shipping market driving up freight rates.```
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