COSCO Shipping International (00517.HK) reported first-half 2026 profit attributable to shareholders of HK$486 million, approximately US$62.0 million, down 0.3% year on year, while COSCO SHIPPING Ports Limited (SEHK: 1199) reported profit attributable to equity holders of US$233.7 million, up 28.5%. International revenue rose 8.19% to HK$2.09 billion, but its gross margin narrowed to 25% as the U.S.-Iran conflict increased raw-material and transportation costs for its coatings business; its interim dividend remained HK33 cents per share. Ports revenue increased 12.3% to US$905.3 million, gross profit rose 9.3% to US$239.5 million and total throughput grew 7.9% to 80,157,047 TEU, or twenty-foot equivalent units. Ports declared a first interim dividend of US2.360 cents per share. Both companies cited geopolitical and macroeconomic uncertainty, while Ports highlighted China's resilient trade and expanding emerging-market links and International pointed to possible fleet-renewal demand as International Maritime Organization rules become clearer.