Brief: American Shipping Company Q3 Normalized EBITDA Up At $22.4 Mln

Amsc ASA

20/11/2019 07:13

Nov 20 (Reuters) - American Shipping Company ASA  AMSCA.OL :
    * REG-AMERICAN SHIPPING COMPANY ASA - THIRD QUARTER 2019
FINANCIAL
RESULTS
    * Q3 NORMALIZED EBITDA USD 22.4 MILLION VERSUS USD 22.2
MILLION
YEAR AGO
    * Q3 OPERATING REVENUE $22.1 MILLION VERSUS $22.1 MILLION
YEAR AGO
    * DECLARED Q3 DIVIDEND OF USD 0.08 PER SHARE
    * STABLE Q3 BAREBOAT REVENUE OF USD 22.1 MILLION
    * CURRENT MARKET RATES IN HIGH FIFTIES ARE PROFITABLE FOR
BOTH
OWNERS AND OPERATORS, AND WE BELIEVE WE ARE IN A MULTI-YEAR
PERIOD OF STABLE AND IMPROVING MARKET CONDITIONS

Source text for Eikon:  ID:nGNEcb9KBl 
Further company coverage:  AMSCA.OL 

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