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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
COSCO SHIPPING Ports
COSCO SHIPPING Ports (1199) investor relations material
COSCO SHIPPING Ports Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary29 Oct, 2026
Executive summary
3Q26 revenue rose 13.0% YoY to US$484.3M, while profit attributable to equity holders edged up 0.1% to US$82.6M.
3Q26 total throughput grew 8.4% YoY to 42.3M TEU; equity throughput increased 8.1% to 12.9M TEU.
9M26 revenue rose 12.6% YoY to US$1,389.7M and attributable profit increased 19.7% to US$316.3M.
Financial highlights
3Q26 gross profit increased 19.3% YoY to US$128.1M; operating profit rose to US$81.0M from US$62.0M.
9M26 gross profit grew 12.6% YoY to US$367.6M; operating profit increased to US$289.8M from US$198.9M.
Subsidiary gross profit margin was 26.5%, up 0.1 percentage points YoY.
Outlook and guidance
2026 goal: equity throughput growth at least in line with industry averages.
Priorities include expanding global capacity, optimizing resources and hub operations, strengthening route connectivity, and pursuing revenue growth and cost reduction.
Strategic priorities include digitalization, terminal automation and AI, clean energy, green-fuel supply chains, and port-shipping synergies.
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Latest events from COSCO SHIPPING Ports
- Throughput and revenue rose, but profit declined amid higher costs and industry headwinds.1199
H1 2024 - Throughput and revenue rose, but profit and EPS declined amid margin pressure.1199Q3 2024
- Throughput and revenue grew in 2024, but profit fell amid regional disruptions and higher costs.1199H2 2024
- Strong YoY growth in profit, throughput, and revenue, driven by overseas terminal gains.1199Q1 2025
- Net profit surged 30.6% YoY in 1H2025 on strong throughput, revenue, and global terminal growth.1199H1 2025
- Profit and throughput rose in 9M2025, driven by overseas and Southwest Coast terminal growth.1199Q3 2025
- Revenue, profit, and throughput rose in 1Q2026, with overseas and digital gains amid global risks.1199Q1 2026
- Throughput and revenue rose, with profit growth and advances in smart, green port initiatives.1199H2 2025
- Profit attributable to equity holders rose 28.5% YoY on strong throughput and revenue growth.1199H1 2026
Next COSCO SHIPPING Ports earnings date
H2 202618 Mar, 2027
COSCO SHIPPING Ports
Next COSCO SHIPPING Ports earnings date
H2 202618 Mar, 2027
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