Cargojet (TSE:CJT) has released an update.
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Cargojet Inc. has reported a strong financial performance for the third quarter of 2024, with total revenue rising to $245.6 million, up from $214.0 million in the previous year. The company’s net earnings also saw a significant increase to $29.7 million from $10.5 million, driven by a 15% growth in block hours and an unwavering focus on optimizing business operations. Despite facing industry challenges, Cargojet continues to capture new revenue streams and enhance shareholder value.
For further insights into TSE:CJT stock, check out TipRanks’ Stock Analysis page.
