Lates News

According to the AI Fast News of Every Economy, on October 31st, Cinda Securities released a research report giving COSCO Shipping Energy Transportation Co., Ltd. ("COSCO Shipping Energy") a "Buy" rating. The rating reasons mainly include: 1) COSCO Shipping Energy's 2025 third quarter report. Operating income: accumulated 171.08 billion yuan from 2025Q1 to Q3, a year-on-year decrease of -2.55%, with 54.66 billion yuan achieved in 2025Q3, a year-on-year growth rate of -2.55%. Net profit attributable to shareholders of the parent company: accumulated 27.23 billion yuan from 2025Q1 to Q3, a year-on-year decrease of 21.22%, with 8.53 billion yuan achieved in 2025Q3, a year-on-year growth rate of 4.37%. Non-recurring net profit attributable to shareholders of the parent company: accumulated 24.84 billion yuan from 2025Q1 to Q3, a year-on-year decrease of 25.85%, with 7.10 billion yuan achieved in 2025Q3, a year-on-year growth rate of -3.00%; 2) Oil transportation business: in September, the daily TD3C-TCE approached 80,000 US dollars/day, boosting the financial performance expectations for 2025Q4; 3) Other businesses: LNG transportation business maintaining stability, LPG transportation business gradually releasing profits. (Daily Economic News)