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Torm Plc  (NASDAQ: TRMD)
Other Ticker:  
 
 
Price: $20.7300 $-0.25 -1.192%
Day's High: $21.05 Week Perf: 4.38 %
Day's Low: $ 20.31 30 Day Perf: 3.13 %
Volume (M): 982 52 Wk High: $ 40.47
Volume (M$): $ 20,359 52 Wk Avg: $31.57
Open: $20.50 52 Wk Low: $17.77



 Market Capitalization (Millions $) 1,797
 Shares Outstanding (Millions) 87
 Employees 400
 Revenues (TTM) (Millions $) 1,520
 Net Income (TTM) (Millions $) 648
 Cash Flow (TTM) (Millions $) 320
 Capital Exp. (TTM) (Millions $) 510

Torm Plc
Torm Plc is a Danish shipping company that has been operating since 1889. Torm Plc mainly specializes in the transportation of refined oil products, such as gasoline and jet fuel. The company owns and operates a fleet of modern and environmentally friendly vessels, which are designed to comply with industry regulations and reduce carbon emissions. Torm Plc operates globally, serving clients in Europe, Asia, and the Americas, and is known for its commitment to safety and high-quality service.


   Company Address: Office 105 London 0
   Company Phone Number: 39179200   Stock Exchange / Ticker: NASDAQ TRMD


   

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Torm Plc

Strong Growth: Torm Plc Sees Solid Revenue Rise in Fourth Quarter of 2023

As a financial journalist for the , I am pleased to report on the impressive fourth quarter financial results of Torm Plc, a leading company in the Marine Transportation sector. The company announced a strong performance in the fourth quarter of 2023, with revenue growing by 5.34% to $1.52 billion compared to $1.44 billion in the previous year.
One of the key highlights of Torm Plc's financial report is the significant improvement in earnings, with a 10% increase to $7.48 per share from $6.80 in the prior financial period. This growth in earnings is a testament to the company's resilience in a challenging market environment, as many of its contemporaries in the Marine Transportation sector have recorded top-line declines.










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