Summary by Moomoo AI
OOIL announced its unaudited interim performance for the first half of 2024, with a net profit attributable to shareholders of $0.833 billion, a decrease compared to $1.129 billion in the same period of 2023. Revenue increased slightly by 2% to $4,645,576 thousand. In the first half of 2024, the company received 5 new ships from COSCO SHP SG Kawasaki Shipbuilding Engineering Co., Ltd. and Dalian COSCO SHP SG Kawasaki Shipbuilding Engineering Co., Ltd., and will distribute an interim dividend of $0.63 per share to shareholders on October 16th. The board of directors emphasized that despite challenges such as the Red Sea crisis and supply chain tensions, the company remains operationally robust and bullish about future development opportunities.