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Orient Overseas Posts Strong Q2 Revenue Growth
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Orient Overseas Posts Strong Q2 Revenue Growth

Orient Overseas (International) (HK:0316) has released an update.

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Orient Overseas (International) Limited reported a 14.4% revenue increase to US$2.26 billion in Q2 2024 compared to the previous year, with a slight rise in total liftings and a higher overall load factor. The first half of 2024 saw a modest revenue growth of 2.2% and a 2.1% increase in total liftings, despite a small decrease in loadable capacity. These figures are unaudited and investors are cautioned not to place undue reliance on them.

For further insights into HK:0316 stock, check out TipRanks’ Stock Analysis page.

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