Grindrod Shipping Holdings Net Income

Grindrod Shipping Holdings posts a net income of $-9.6M as of December 2023. That compares with $100M in the prior-year period — down 109.3% year over year. That is below the Industrials sector average of $28B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Grindrod Shipping Holdings's net income was $100M. The latest reading is $-9.6M — a 109.3% year-over-year decrease (period ending December 2023). Use the history and growth charts on this page for a longer lookback.

For Industrials stocks, a net income near $28B is typical. Grindrod Shipping Holdings's $-9.6M is lower that level. That is roughly 100.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

Net Income is one piece of Grindrod Shipping Holdings's financial statement story. At $-9.6M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for GRIN's net income usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $28B), and (3) consistency with growth and profitability. This page covers the first two; Grindrod Shipping Holdings's other metric pages and overview cover the third.