Jinhui Shipping & Transportation Ltd.OSL: JIN

JIN: Revenue and profit surged in Q3 2024, driven by fleet growth and robust market demand

· Issued by Jinhui Shipping & Transportation Ltd.

Q3 2024 saw revenue double year-over-year, with strong TCE growth and net profit of $8 million. Fleet expansion and vessel acquisitions supported performance, while management remains cautious amid market volatility and is not planning share buybacks or dividends.

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