On September 3, Goldman Sachs released a report stating that Cosco Ship Engy had a first-half net income of 2.6 billion yuan, in line with earlier profit warning forecasts. Excluding one-time gains from the sale of 5 ships during the period, the company's recurring profit in the first half of the year actually increased by 8% annually, but decreased by 10% in the second quarter alone. The company will disclose the specific plan for interim profit distribution when announcing third-quarter results at the end of October, with a dividend payout ratio guidance of 30% to 50%. The bank has lowered its net income forecast for Cosco Ship Engy for the years 2024 to 2026 by 4% to 12%, and reduced the target price from 11.5 HKD to 10.6 HKD to reflect forecasts for shipping turnover and freight rates. In addition, the bank expects tight crude oil tanker supply to continue until 2027.