News Content
Concordia Maritime pleased with first quarter earnings
Profit for the quarter – good start to the year
New chartering strategy beginning to produce results
Total and Shell contracts delivered
Agreement for the sale of two LR1 tankers – positive results to be reported in the second quarter
Expected profit for the full year
Total income, SEK million 135.2 (127.9)
EBITDA, SEK million 51.7 (51.2)
Operating result, SEK million 15.9 (15.7)
Result after tax, SEK million 12.2 (7.6)
Result per share, SEK 0.26 (0.16)
EBITDA, USD million 8.0 (8.0)
Available liquid funds*), SEK million 285.2 (427.0)
*Including unutilized available credit facilities
Source: Concordia Maritime
New chartering strategy beginning to produce results
Total and Shell contracts delivered
Agreement for the sale of two LR1 tankers – positive results to be reported in the second quarter
Expected profit for the full year
Total income, SEK million 135.2 (127.9)
EBITDA, SEK million 51.7 (51.2)
Operating result, SEK million 15.9 (15.7)
Result after tax, SEK million 12.2 (7.6)
Result per share, SEK 0.26 (0.16)
EBITDA, USD million 8.0 (8.0)
Available liquid funds*), SEK million 285.2 (427.0)
*Including unutilized available credit facilities
Source: Concordia Maritime
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