Summary by Futu AI
OOIL announced its unaudited interim results for the first half of 2024, with a attributable net profit of 0.833 billion US dollars, a decrease from 1.129 billion US dollars in the same period of 2023. Revenue increased slightly by 2% to 4,645,576 thousand US dollars. The company received 5 new ships from COSCO SHP SG Kawasaki Shipbuilding Engineering Co., Ltd. in Nantong and COSCO SHP SG Kawasaki Shipbuilding Engineering Co., Ltd. in Dalian in the first half of 2024, and will distribute a mid-term dividend of $0.63 per share to shareholders on October 16. The board of directors emphasized that despite challenges such as the red sea crisis and supply chain tensions, the company remains in stable operation and is bullish on future development opportunities.