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T.S. Lines Limited Reports Robust Financial Recovery in 2024

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T.S. Lines Limited Reports Robust Financial Recovery in 2024

An update from T.S. Lines Limited ( (HK:2510) ) is now available.

T.S. Lines Limited reported a significant financial turnaround for the year ended December 31, 2024, with revenue increasing by 53.3% to approximately US$1,340.4 million. The company achieved a gross profit of US$315.0 million compared to a gross loss in the previous year, and profit attributable to equity shareholders soared by 1,666.9% to US$365.9 million. This remarkable performance reflects a strong recovery and strategic improvements in operations, positioning T.S. Lines favorably in the competitive shipping industry.

More about T.S. Lines Limited

T.S. Lines Limited is a company incorporated in Hong Kong, operating in the shipping and logistics industry. It provides container shipping services, focusing on efficient and reliable transportation solutions for global trade.

YTD Price Performance: 46.65%

Average Trading Volume: 2,658,048

Technical Sentiment Signal: Strong Sell

See more insights into 2510 stock on TipRanks’ Stock Analysis page.

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