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JIN: Revenue and profit fell, but TCE and liquidity improved amid ongoing fleet renewal

JIN: Revenue and profit fell, but TCE and liquidity improved amid ongoing fleet renewal

Jinhui Shipping & Transportation Ltd.May 27, 20264
JIN: Revenue and profit fell, but TCE and liquidity improved amid ongoing fleet renewal

About this update from Jinhui Shipping & Transportation Ltd.

Revenue and net profit declined sharply year-over-year due to fewer vessels and absence of one-off income, but average daily TCE improved 23%. Fleet renewal continued with vessel sales and newbuild orders, while liquidity and gearing ratios strengthened.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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