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TS Lines Expects 'Significant' Increase in 2024 Profit; Shares Rise 5%
T.S. Lines 2023 Net Was US$20.7M
T.S. Lines Expects Significant Increase in Profit in 2024
Texhong Marine Transportation (02510.HK) Profit Alert: Expected significant increase in annual net profit attributable to shareholders.
On November 28, GeLongHui announced that DeXiang marine transportation (02510.HK) group expects to have a net profit attributable to shareholders of no less than 0.27 billion US dollars for the ten months ended October 31, 2024, an increase of approximately 3700% from the net profit attributable to shareholders of approximately 7.1 million US dollars recorded in the same period of 2023. Therefore, the board of directors expects the net profit attributable to shareholders of the group for the fiscal year ending December 31, 2024, to increase significantly, while the corresponding amount for the fiscal year ending December 31, 2023, was approximately 20.7 million US dollars. As of the ten months ended October 31, 2024.
Express News | T.s. Lines - Expected Result Due to Higher Freight Rates Mainly Driven by Continued Impacts on Supply From Red Sea Diversions, Others
Express News | T.s. Lines Ltd Sees Profit Attributable of Not Less Than US$270.0 Mln for Ten Months Ended October 31
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