China International Marine Containers (Group) Co., Ltd. (CIMC Group) announced its unaudited results for the first three quarters of 2026, with net profit attributable to shareholders increasing by 146.40% year on year to RMB708 million in the third quarter. The Group’s revenue reached RMB47.9 billion in the third quarter, representing a year-on-year increase of 16.91% and a quarter-on-quarter increase of 3.57%.
The significant growth in the third quarter was mainly driven by the continued contribution from offshore engineering and clean energy-related businesses, as well as the recovery in sales volume and prices in the container manufacturing business in the second half of the year. Offshore engineering orders on hand exceeded US$10 billion, with newly signed orders amounting to US$5.7 billion in the first three quarters, including US$2.5 billion secured in the third quarter.
Offshore Engineering and Container Manufacturing
The Group signed its second FLNG EPC turnkey contract with Golar, as well as orders for multiple pure car and truck carriers, while advancing large-scale capacity expansion at its oil and gas bases. In the container manufacturing business, sales volume of dry cargo containers in the third quarter reached 0.92 million TEUs, representing a year-on-year increase of 35% and a quarter-on-quarter increase of 35%.
The recovery in sales volume and prices in the container manufacturing business was driven by constrained effective capacity and low vessel turnaround efficiency in the container shipping sector, which boosted demand for containers.
Business Segments
In terms of road transportation vehicle business, CIMC Vehicles sold a total of 116,000 vehicles of various types globally in the first three quarters, representing a year-on-year increase of 14.62%. They also recorded steady growth in revenue and profit in their airport facilities and logistics equipment, fire safety and rescue equipment, and logistics services businesses.
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The energy, chemical, and liquid food business segment recorded revenue of RMB20.502 billion in the first three quarters, representing a year-on-year increase of 6.0%, with net profit attributable to shareholders increasing by 6.5% year on year to RMB817 million. Newly signed orders in this segment amounted to RMB21.937 billion, representing a year-on-year increase of 11.7%.
Global Layout Strategy
As the global economic and trade environment continues to evolve, CIMC Group is poised to deepen its global layout strategy, leveraging technological innovation to drive the coordinated development of its logistics equipment and energy equipment businesses. With its strong position in the global market, the Group is well-positioned to seize structural opportunities arising from the upgrading of high-end offshore engineering equipment, the transition to green energy, and the development of AI computing infrastructure.
CIMC Group’s management stated that they will continue to strengthen their global delivery and integrated operating capabilities, steadily advancing high-quality and sustainable development. With its diversified business portfolio and global presence, the Group is committed to providing innovative solutions and products to its customers, driving growth and profitability in the logistics and energy industries.
In the first three quarters of 2026, the Group’s cumulative sales volume of reefer containers reached 152,600 TEUs, driven by fruit transportation demand from South America. The Group’s subsidiaries in Kenya and Saudi Arabia successively put their self-operated vehicles into operation, continuously enhancing the Group’s overseas localized operating capabilities.
Modular Data Center Growth
The development of the modular data center business of CIMC Digital Energy further accelerated, with revenue for the first three quarters recording a significant and rapid increase compared to the same period last year. In the third quarter, new orders for over 300MW of cloud computing and AI computing power data centers were signed, demonstrating further expansion of the business scale.
As at the end of September, orders on hand for the liquid food segment amounted to RMB2.953 billion, representing a year-on-year increase of 15.1%, laying a solid foundation for the long-term and steady development of the business. The Group’s finance and asset management business serves the Group itself, providing support for its diversified business portfolio.
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CIMC Group owns over 300 member enterprises in Asia, North America, Europe, Australia, and other regions, including 4 listed companies, with customers and sales networks covering more than 100 countries and regions. For more information, please visit CIMC Group’s website.
In the third quarter, the offshore engineering business actively advanced the capacity expansion plan for its oil and gas base to meet the continuously growing demand in the deepwater oil and gas market. The Group’s operational capabilities in Southeast Asia were upgraded iteratively to strengthen logistics capabilities for shipments from Southeast Asia to global destinations.
Clean Energy Segment Expands
The clean energy segment’s revenue increased by 11.3% year on year to RMB16.739 billion. Net profit attributable to shareholders in this segment increased significantly year on year, benefiting from the release of profits from the offshore clean energy sector.
The chemical and environmental segment’s revenue increased by 38.7% year on year to RMB2.181 billion, with newly signed orders amounting to RMB2.343 billion, a year-on-year increase of 45.3%. The liquid food segment’s revenue was RMB1.582 billion, with newly signed orders reaching RMB2.321 billion, a year-on-year increase of 124.1%.
Business Outlook
The Group remains optimistic about its future growth prospects, driven by its diversified business segments and global market presence. With continued expansion in offshore engineering, clean energy, and logistics equipment, CIMC Group is well-positioned to capitalize on emerging opportunities in the evolving global economy.