Stolt-Nielsen Limited Reports Earnings Results for the Second Quarter and Six Months Ended May 31, 2024
July 11, 2024 at 04:11 am
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Stolt-Nielsen Limited reported earnings results for the second quarter and six months ended May 31, 2024. For the second quarter, the company reported sales was USD 741.15 million compared to USD 721.92 million a year ago. Net income was USD 100.18 million compared to USD 8.29 million a year ago. Basic earnings per share from continuing operations was USD 1.87 compared to USD 0.15 a year ago. Diluted earnings per share from continuing operations was USD 1.87 compared to USD 0.15 a year ago.
For the six months, sales was USD 1,448.46 million compared to USD 1,430.57 million a year ago. Net income was USD 204.15 million compared to USD 108.11 million a year ago. Basic earnings per share from continuing operations was USD 3.81 compared to USD 2.02 a year ago. Diluted earnings per share from continuing operations was USD 3.81 compared to USD 2.02 a year ago.
Stolt-Nielsen Limited is a long-term investor and manager of businesses focused on opportunities in logistics, distribution and aquaculture. The Companyâs portfolio consists of its three global bulk-liquid and chemical logistics businesses: Stolt Tankers, Stolthaven Terminals and Stolt Tank Containers, Stolt Sea Farm and various investments. The Companyâs segment includes Tankers, Terminals, Tank Containers, Stolt Sea Farm and Stolt-Nielsen Gas. Stolt Tankers operates a fleet of chemical tankers, providing global transportation services for bulk-liquid chemicals, edible oils, acids and clean petroleum products. Stolthaven Terminalsâ global terminal network provides safe, storage and distribution services for chemicals, clean petroleum products, gas, vegetable oils, biofuels and oleochemicals in key markets and hubs worldwide. The Stolt Tank Containers is a provider of logistics and transportation services for door-to-door shipments of bulk-liquid chemicals and food-grade products.
STOLT-NIELSEN LIMITED 
