China Merchants Energy Shipping reports lower Q3 and nine-month profits

China Merchants Energy Shipping, also known as CMES or Nanjing Tanker Corporation, has released its unaudited financial results for the third quarter and first nine months of 2025, showing a decline in profits compared to the same periods last year.

For the third quarter ended September 30, 2025, operating revenue was CNY1.50 billion ($206 million), a slight increase of 1.10 per cent year-on-year. However, net profit attributable to shareholders decreased by 13.47 per cent to CNY376.9 million. Net profit excluding non-recurring items showed a modest increase of 2.29 per cent to CNY368.7 million.