Jan. 15 at 2:32 PM
$HTCO Surging Ocean Freight Business Drives Leapfrog Revenue Growth
Key Financial Indicators
🔹 Total revenue for the 2025 reporting period increased to
$99.4 million compared to
$34.9 million in the same period of 2024, representing a year-on-year increase of 185.2%.
🔹 Ocean freight revenue for the 2025 reporting period increased to
$99.0 million from
$33.2MILLION in the same period of 2024, a year-on-year increase of 198.1%.
🔹 As of April 30, 2025, cash and cash equivalents reached
$13.2 million, up 93.0% from the year ended October 31, 2024.
🔹 Net cash flow from operating activities in the first half of 2025 reached
$6.5 million, providing a solid foundation for further business expansion.
🔹 Gross profit for the first half of 2025 increased by 63.1% year-on-year to
$4.0 million, with the core business maintaining profitability.