Vivid Headlines

Qube Holdings Reports Strong FY24 Financial Performance


Qube Holdings Reports Strong FY24 Financial Performance

Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter

Qube Holdings Ltd. has reported a robust financial performance for FY24, with underlying revenue surging by 17% to $3.5 billion. The company's logistics and infrastructure business saw high volumes of container-related activities, contributing to a 13.6% increase in earnings to $318.4 million. Despite challenges such as cost pressures and labor shortages, Qube's commitment to safety and expansion into new markets underpinned its success.

For further insights into AU:QUB stock, check out TipRanks' Stock Analysis page.

Previous articleNext article

POPULAR CATEGORY

entertainment

11395

discovery

5119

multipurpose

11995

athletics

11794