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Qube Holdings Reports Strong FY24 Financial Performance

From Markets Insider

Qube Holdings Reports Strong FY24 Financial Performance

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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.

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