Brief: 2020 Bulkers Q2 Net Losses Of $1.0 Mln

2020 Bulkers

13/08/2019 07:30

Aug 13 (Reuters) - 2020 Bulkers Ltd  2020B.OL :
    * RESULTS FOR THE SECOND QUARTER AND THE FIRST HALF OF 2019
    * COMPANY REPORTED NET LOSSES OF US$1.0 MILLION AND US$2.4
MILLION
FOR THREE AND SIX MONTHS ENDED JUNE 30, 2019, RESPECTIVELY.
    * BOARD TARGETS TO DECLARE THE FIRST DIVIDEND PAYMENT DURING
THE
FIRST QUARTER OF 2020
    * OUTLOOK: THE COMPANY IS EXPECTING TO GENERATE SOLID
RESULTS
STARTING FROM THE FOURTH QUARTER, SUPPORTED BY CURRENT SPOT
RATES, THE CHARTER COVERAGE, THE LOW CASH BREAK EVEN AND THE
ANTICIPATED TIGHTENING EFFECTS OF THE NEW IMO 2020 LEGISLATION
    * OUTLOOK: THE BOARD TARGETS TO DECLARE THE FIRST DIVIDEND
PAYMENT
DURING THE FIRST QUARTER OF 2020

Source text for Eikon:  ID:nWkr5t0csN 
Further company coverage:  2020B.OL 

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