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The latest update is out from Seacon Shipping Group Holdings Ltd. ( (HK:2409) ).
Seacon Shipping Group Holdings Ltd. reported a substantial increase in its annual results for the year ended December 31, 2024. The company achieved a revenue of US$282.1 million, up from US$259 million in 2023, with a notable rise in gross profit to US$64.4 million. The operating profit surged to US$90.1 million, driven by other gains and reduced net impairment losses. This strong financial performance underscores the company’s improved operational efficiency and market positioning, benefiting shareholders with a significant increase in earnings per share.
More about Seacon Shipping Group Holdings Ltd.
Seacon Shipping Group Holdings Ltd. operates within the shipping industry, providing maritime transportation services. The company focuses on offering shipping solutions and logistics services, playing a significant role in the global shipping market.
YTD Price Performance: 5.06%
Average Trading Volume: 130,250
Technical Sentiment Signal: Sell
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