Samudera Shipping Line Reports Full Year 2023 Earnings

Samudera Shipping Line (SGX:S56) Full Year 2023 Results

Key Financial Results

• Revenue: US$582.9m (down 41% from FY 2022).
• Net income: US$101.2m (down 69% from FY 2022).
• Profit margin: 17% (down from 33% in FY 2022). The decrease in margin was driven by lower revenue.

All figures shown in the chart above are for the trailing 12 month (TTM) period

Samudera Shipping Line shares are up 2.1% from a week ago.

Risk Analysis

Be aware that Samudera Shipping Line is showing 2 warning signs in our investment analysis that you should know about...

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