Cargojet (TSE:CJT) has released an update.
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Cargojet Inc. has reported a strong financial performance for the third quarter of 2024, with total revenue rising to $245.6 million, up from $214.0 million in the previous year. The company’s net earnings also saw a significant increase to $29.7 million from $10.5 million, driven by a 15% growth in block hours and an unwavering focus on optimizing business operations. Despite facing industry challenges, Cargojet continues to capture new revenue streams and enhance shareholder value.
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