High-Trend International Group H1 Revenue Surges 185.2% To $99.4M From $34.9M Last Year

Benzinga·08/08/2025 13:15:43

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High-Trend International Group ("the Company") (NASDAQ:HTCO), a global ocean technology company, has released its financial results for the six months ended April 30, 2025, showcasing its recent business expansion.

Key Financial Indicators

- Total revenue for the 2025 reporting period increased to $99.4 million compared to $34.9 million in the same period of 2024, representing a year-on-year increase of 185.2%.

- Ocean freight revenue for the 2025 reporting period increased to $99.0 million from $33.2million in the same period of 2024, a year-on-year increase of 198.1%.

- As of April 30, 2025, cash and cash equivalents reached $13.2 million, up 93.0% from the year ended October 31, 2024.

- Net cash flow from operating activities in the first half of 2025 reached $6.5 million, providing a solid foundation for further business expansion.

- Gross profit for the first half of 2025 increased by 63.1% year-on-year to $4.0 million, with the core business maintaining profitability.

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