High-Trend International Group Announces Nearly 98% Revenue Growth for Fiscal Year 2025 and Stronger Balance Sheet
High-Trend International Group - Class A Ordinary Shares (HTCO)
US:NASDAQ Investor Relations:
hemptechcorp.com/investor-relations
Company Research
Source: PR Newswire
NEW YORK, Jan. 23, 2026 /PRNewswire/ -- High-Trend International Group (NASDAQ: HTCO) ("HTCO" or the "Company"), a global ocean technology company, today announced its financial results for the fiscal year ended October 31, 2025.Total revenue soared 98% year-over-year to approximately US$214.4 million in fiscal year 2025Ocean freight revenue jumped 103% year-over-year, with total voyage days more than doublingOperating cash flow turned positive at approximately US$4.6 millionCash and cash equivalents increased to approximately US$10.1 million as of October 31, 2025Revenue and volume growthFor the fiscal year ended October 31, 2025, High-Trend's total revenue increased to approximately US$214.4 million, compared to approximately US$108.2 million for the fiscal year ended October 31, 2024, representing an increase of approximately US$106.2 million, or 98.2%. This growth was primarily driven by a significant expansion of the Company's coal transportation business on routes including Aust
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- High-Trend International Group (NASDAQ: HTCO) Appoints Mr. Chew Men Leong, the Former Chief of Navy of the Republic of Singapore Navy, as a Director to Strengthen Its Global Maritime Strategy and Cross-Border Capital CapabilitiesPR Newswire
- High-Trend International Group Appoints Veteran Private Equity Executive Shahryar Oveissi as Chief Capital Markets Officer (CCMO)PR Newswire
- Caravelle International Group (NASDAQ:HTCO) had its "sell (d-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- HTCO Announces Initial Closing of $3 Million Strategic Financing to Accelerate Digital TransformationPR Newswire
- HTCO Announces Initial Closing of $3 Million Strategic Financing to Accelerate Digital TransformationPR Newswire