ST. CATHARINES, Ontario - Algoma Central Corporation (TSX: ALC), is set to release its financial results for the year ended December 31, 2023, on February 26, 2024, before the market opens. The announcement will provide stakeholders with insights into the company's performance over the past year.
Algoma Central operates a fleet of dry and liquid bulk carriers primarily within the Great Lakes St. Lawrence Seaway, as well as serving international markets. The company has been focusing on sustainability, aiming to reduce carbon emissions by 40% by 2030 and achieve net zero by 2050. This environmental target is part of Algoma's commitment across its business units, involving the use of fuel-efficient vessels, innovative technology, and alternative fuels.
Investors and interested parties will be able to access the fiscal 2023 earnings release and comprehensive financial results on Algoma's website and through SEDAR, the Canadian securities regulatory authority's filing system.
The release of Algoma Central's financial results will provide a detailed account of the company's economic health and operational progress. It will also offer a glimpse into how Algoma is advancing towards its environmental goals within the marine transportation industry.
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