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T.S. Lines Limited ( (HK:2510) ) has issued an update.
T.S. Lines Limited reported a 38.5% increase in revenue for the first quarter of 2025, reaching approximately US$325.5 million, compared to the same period in 2024. This growth was primarily driven by a 39.1% rise in average freight rates and the expansion of long-haul services, despite a slight decrease in shipping volume due to a shift in capacity towards long-haul routes.
More about T.S. Lines Limited
T.S. Lines Limited is a company incorporated in Hong Kong, operating in the shipping industry. The company, along with its subsidiaries, focuses on providing shipping services, including long-haul services, and has shown a significant increase in freight rates.
YTD Price Performance: 59.09%
Average Trading Volume: 6,966,919
Technical Sentiment Signal: Strong Sell
For a thorough assessment of 2510 stock, go to TipRanks’ Stock Analysis page.