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PRNewsWire
12 days ago
High-Trend International Group Announces Nearly 98% Revenue Growth for Fiscal Year 2025 and Stronger Balance Sheet
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 2025 Ocean freight revenue jumped 103% year-over-year, with total voyage days more than doubling Operating cash flow turned positive at approximately US$4.6 million Cash and cash equivalents increased to approximately US$10.1 million as of October 31, 2025 Revenue and volume growth For 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%.