JINHUI HOLDINGS (00137): Jinhui Shipping's net profit in 2024 was $24.05 million, turning losses into profits year-on-year.

JINHUI HOLDINGS (00137) announced Jinhui Shipping's performance for the year 2024, with operating income of approximately 159 million US dollars, a year-on-year increase of 94%; net profit of 24.05 million US dollars, turning from loss to profit compared to the previous year; basic earnings per share of 0.22 US dollars, intending to distribute a final dividend of 0.03 US dollars per share. The announcement stated that the increase in operating income was mainly due to the increase in the number of owned and leased vessels, as well as the improvement in the average daily time charter equivalent (TCE) earned by the group's fleet from 9,063 US dollars in 2023 to 14,741 US dollars in 2024, resulting in better operating income.