Samudera $SamuderaShipping(S56.SI)$ . Technical indicators showed strong positive DM divergence and ADX. In addition, global shipping stocks showed a resurgence in earnings. This stock has also consistently paid excellent dividends.
Samudera achieved a weighted return on equity (ROE) of 41.1%. Its profit after tax growth in the same period was a whopping 141% as of end 2024.
As indicated in the company's most recent FY2023 annual report, its operating fleet, which comprises vessels owned and leased by Samudera, currently stands at 31. This comprises 24 container vessels, four chemical tankers and three gas tankers. In addition to operating shipping services, Samudera is actively moving into adjacent logistics services too. Such as warehousing, freight forwarding and cargo handling.
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