HTCO FY2025 revenue rises 98% to USD 214.4 million
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High-Trend International Group (NASDAQ: HTCO) reported a 98% increase in revenue for FY2025, totaling USD 214.4 million. Ocean freight revenue rose 103% to USD 214.0 million, while vessel service and other revenues were USD 0.4 million. The cost of revenues was USD 207.6 million, with a positive operating cash flow of USD 4.6 million. Cash and cash equivalents reached USD 10.1 million. Despite the revenue growth, the company reported a net loss due to non-cash share-based compensation expenses.
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