Stolt-Nielsen Reports Major Profit Surge in Q2

Stolt-Nielsen (SOIEF) has released an update.

Stolt-Nielsen Limited announced a significant increase in its second-quarter net profit for 2024, reaching $100.2 million compared to $8.3 million in 2023, with overall first-half revenues rising to $1,448.5 million. Key performance highlights include a substantial rise in consolidated EBITDA and an increase in earnings per share to $1.87. The company’s various divisions, including Stolt Tankers and Stolthaven Terminals, reported increased operating profits, while Stolt Tank Containers rebounded from a previous loss.

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