$HTCO Surging Ocean Freight Business Drives Leapfrog
$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.
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