COSCO SHIPPING Ports : FINANCIAL AND OPERATIONAL HIGHLIGHTS FOR THE THREE MONTHS ENDED 31 MARCH 2021

About this update from Cosco Shipping Ports Limited

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. (Incorporated in Bermuda with limited liability) (Stock Code: 1199) FINANCIAL AND OPERATIONAL HIGHLIGHTS FOR THE THREE MONTHS ENDED 31 MARCH 2021 This announcement is made by the Company on a voluntary basis to enhance the practice of good corporate governance and further promote the transparency and accountability of the Company. The Company currently intends to continue to publish quarterly financial and operational highlights in the future. The board of directors of COSCO SHIPPING Ports Limited (the "Company" or "COSCO SHIPPING Ports") presents the unaudited condensed consolidated results of the Company and its subsidiaries (the "Group") for the three months ended 31 March 2021. Results Highlights Total throughput increased by 9.9% to 30,187,744 TEU; equity throughput increased by 7.2% to 9,293,125 TEU Throughput from terminals in which the Group has controlling stakes increased by 5.3% to 5,365,528 TEU; throughput from the Group's non-controlling terminals increased by 10.9% to 24,822,216 TEU Profit attributable to equity holders of the Company was US$73,027,000, an increase of 140.1% (excluding one-off items)Note Financial Highlights US$ (million) 1Q2021 1Q2020 Change (%) Revenue 265.3 220.5 +20.3 Cost of sales 203.4 174.9 +16.2 Gross profit 61.9 45.6 +35.9 Share of profits from joint ventures and associates 81.0 52.3 +54.8 Profit attributable to equity holders of the Company 73.0 91.9 -20.5 Basic earnings per share (US cents) 2.20 2.91 -24.4 Profit attributable to equity holders of the Company (excluding one-off items)Note 73.0 30.4 +140.1 Basic earnings per share (US cents) (excluding one-off items)Note 2.20 0.96 +129.2 Note: For 1Q2020, excluded one-offafter-tax disposal gain of US$61,472,000 from the disposals of all the shares in COSCO Ports (Yangzhou) Limited together with its 51% interest in Yangzhou Yuanyang International Ports Co., Ltd. ("Yangzhou Yuanyang Terminal") and all the shares in Win Hanverky Investments Limited together with its 51% interest in Zhangjiagang Win Hanverky...

View stock analysis, news, and events for Cosco Shipping Ports Limited