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TMD Energy reports 2024 net income $1.9M vs. $2.0M last year
TipRanks457d agoneutral
TMD Energy reports 2024 net income $1.9M vs. $2.0M last year

Reports 2024 revenue $688.6M vs. $633.1M last year. The company said, “In FY2024, the Company experienced sustainable revenue growth, primarily driven by the success of our Bunkering Services Segment. Revenue notably increased by 8.8% in FY2024 to over $688 million, while net income remained stable at about $1.9 million, compared to $2.0 million a year earlier…Looking ahead, we recognize the importance of maintaining this momentum. Our focus will remain on optimizing balance sheet by enhancing o