T.S. Lines Limited
HHKEX:251012.47
HKD
-0.50
(-3.86%)
ISIN
HK0001078598
Return %
Stock
S&P 500
1Y
44.83
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
USD
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in mil. unless spec.Company Description
- CEO
- Shao Hsiang Chen
- Full Time Employees
- 905
- Sector
- Transportation
- Industry
- Marine shipping
- Address
- 6F, No. 167, Tun-Hwa North Road Hong Kong TPE Hong Kong 105
- IPO Date
- Nov 1, 2024
- Website
- tslines.com
- Similar Companies
- Business
- TS Lines Ltd (2510.HK) is a Hong Kong-listed investment holding company that provides container shipping and related services primarily in the Asia-Pacific region. The company operates a fleet of approximately 36 owned vessels and 10 chartered vessels with a total capacity exceeding 80,000 TEUs, offering liner services including nine independent services, 22 joint services, 15 slot exchange arrangements, and two slot chartering arrangements; it also provides vessel chartering, shipping agency services, container leasing, and supporting logistics solutions focused on intra-Asia short-haul routes from China's Greater Bay Area, as well as expanding long-haul services to Japan, Thailand, Australia, India, and trans-Pacific routes such as Shanghai-Qingdao-Pusan-Manzanillo. Serving freight forwarders, other container shipping companies, and beneficial cargo owners (BCOs) like small- and medium-sized manufacturers of consumer, primary, and mechanical products, TS Lines maintains extensive feeder networks in intra-Indonesia and Philippines trades with specialized shallow-water vessels. Founded in 2001 and headquartered at No. 167, Tun-Hwa North Road in Taipei, Taiwan, the company employs around 900-970 staff under CEO Teh-Sheng Chen and operates across 22 countries including Hong Kong, Mainland China, Taiwan, the Philippines, Japan, Australia, Thailand, and India. Recent developments include a successful Hong Kong IPO in October 2024 raising HKD1.129 billion ($145 million) to fund two 7,000 TEU newbuildings, vessel chartering, and container leasing; orders for four 5,300 TEU "Swan Series" containerships from CSSC Huangpu Wenchong Shipbuilding in 2025 (expanding a partnership to 14 vessels with options for six more valued at up to $625 million); amended vessel construction contracts worth $125.6 million; launches of new services like JTX (Japan-Thailand), Manzanillo Express, and enhanced Japan-South China frequencies; and projected first-half 2025 net profit of $180-200 million, up 220-255% year-on-year amid strong freight rates.