Ocean Wilsons Holdings (GB:OCN) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ocean Wilsons Holdings Limited reported a strong first quarter in 2024, with notable increases in net revenues for its subsidiary Wilson Sons, driven by growth in towage and container terminal revenues as well as improved offshore energy services. The company’s investment portfolio saw a 4.1% increase in value, and the net asset value per share before tax was calculated at US$35.03. Strategic partnerships and expansions, such as establishing Rio Grande as a key hub port, have bolstered Wilson Sons’ market position and promise further growth.
For further insights into GB:OCN stock, check out TipRanks’ Stock Analysis page.