Mitsui OSKLines (JP:9104) has released an update.
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Mitsui O.S.K. Lines, Ltd. has upgraded its consolidated business outlook and dividend forecast for the 2024 fiscal year due to a stronger than expected containership freight market, a robust chemical tanker and car carrier market, and a review of exchange rate assumptions. The revised forecast includes significant increases in revenue, operating profit, ordinary profit, and net income for both the first half and the full year. Additionally, the company raised its interim and year-end dividends, resulting in an annual dividend of ¥280.00 per share.
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