Yantian Container Terminal in Shenzhen, China Shenzhen Government
Container Shipping

CIMC Group revenue drops in 2025 amid container market shifts

Alan Bosworth

China International Marine Containers Group (CIMC) reported revenue of CNY156.6 billion ($21.6 billion) for the financial year ended December 31, 2025. This total represents an 11.85 per cent decrease compared to the previous year.

Net profit attributable to shareholders reached CNY221 million, marking a 92.57 per cent drop from the figures recorded in 2024. The group noted that standard dry container sales were affected by intensified market competition and foreign exchange fluctuations during the period.

Accumulated sales volume for dry containers reached 2,224,900 TEU, which the group reported was a 35.2 per cent decline year-on-year. Reefer container sales volume increased by approximately 50.2 per cent to 208,200 TEU.

The offshore engineering division recorded revenue of CNY17.9 billion, representing an 8.35 per cent increase from the previous year. Net profit for this segment reached CNY1.1 billion, an improvement of 371.79 per cent compared to 2024 results.

CIMC Raffles transitioned from a construction-led approach to an integrated service model involving design, construction, and integration, the group stated.

Newly signed contract orders for the year amounted to $1.2 billion, including orders for container feeder vessels and offshore special units.

The group reported that the Deepsea Yantai sixth-generation semi-submersible drilling platform completed a lease renewal during 2025. Other assets mentioned in the report include the Blue Whale No. 1 ultra-deepwater platform and the Blue Gretha lifting platform.

In the energy equipment sector, CIMC Enric reported revenue of CNY26.3 billion, a 6.3 per cent increase over the previous twelve months. The “clean energy” segment saw strong demand for liquid natural gas products following the implementation of trade-in subsidy policies in China.

The company's board of directors proposed a cash dividend of CNY0.179 per share to be paid to shareholders. This distribution is scheduled to be paid by August 31, 2026.