Courage Investment announced its interim results, with a net loss of USD 1.708 million, turning from profit to loss year-on-year
COURAGE INV announced its mid-year results for 2025, with revenue of USD 4.381 million, a year-on-year decrease of 13.59%; a net loss of USD 1.708 million, a shift from profit to loss year-on-year, with a loss per share of 0.16 cents. Due to a 34.1% plunge in charter rates for ultra-flexible bulk carriers, the shipping business is under significant pressure, primarily affected by the U.S. trade war and geopolitical conflicts. To address the cyclical impacts on the shipping business, the group strategically restarted its trading operations in the first half of 2025
According to the Zhitong Finance APP, Courage Investment (01145) announced its interim results for 2025, with total revenue of USD 4.381 million, a year-on-year decrease of 13.59%; a net loss of USD 1.708 million, a shift from profit to loss compared to the same period last year; and a loss per share of 0.16 cents.
During the review period, the market conditions for the group's shipping business faced significant pressure, with the charter rates for ultra-flexible dry bulk carriers plummeting by 34.1% year-on-year. The decline was primarily due to the escalation of trade tensions between the United States and other countries, leading to weak commodity demand, as well as the ongoing geopolitical conflicts in Ukraine and Palestine, resulting in a combined effect of shrinking commodity demand and an oversupply of vessels. In the first half of 2025, to mitigate the cyclical impact on its shipping business, the group strategically resumed its trading operations
