COSCO Shipping Energy Q1 FY26 net profit triples to RMB 2.17 billion; revenue rises 26.92% to RMB 7.3 billion

• COSCO Shipping Energy Transportation posted first-quarter 2026 net profit attributable to shareholders of RMB 2.17 billion, more than tripling from a year earlier.
• Revenue climbed 26.92% to RMB 7.3 billion.
• Gross profit jumped to RMB 2.95 billion, more than tripling, due to a still-elevated foreign trade oil transportation market and lean management.
• Operating cash flow surged to RMB 3.77 billion, more than tripling, due to timely collection of fourth-quarter freight income and higher transportation income.
• Management flagged strong but volatile international oil tanker freight rates, citing geopolitical disruptions around the Strait of Hormuz.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. COSCO Shipping Energy Transportation Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260427-12126578), on April 27, 2026, and is solely responsible for the information contained therein.