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Orient Overseas (International) Limited

0316.HK•HKSE
Industrials
Marine Shipping
HK$139.90
HK$-2.10(-1.48%)
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The company's financials show resilient growth, with revenue advancing from $2.27B in Q2 2023 to $4.65B in Q2 2024. Gross profit remained healthy with margins at 20% in Q2 2024 compared to 20% in Q2 2023. Operating income hit $834.91M last quarter, sustaining a consistent 18% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $1.04B. Net income rose to $833.28M, while earnings per share reached $1.26. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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