Castor Maritime: Rises on Q2 revenue jump

Castor Maritime

11/09/2020 18:02

** U.S.-listed shares of shipping co  CASTOR.NFF   CTRM.O 
up 11.5% at $0.17
    ** Q2 net revenue jumps 171% to $2.6 mln from $0.9 mln a
year earlier  urn:newsml:reuters.com:*:nGNX8NW0BW
    ** Co says increase reflects addition of vessels M/V Magic
Sun and the M/V Magic Moon to fleet on Sept. 5, 2019 and Oct.
20, 2019, respectively
    ** Co posts smaller loss per share of 1 cent, compared with
last year's loss per share of 47 cents   
    ** CTRM is down 91.2% YTD

 (Reporting by Arunima Kumar in Bengaluru)
 ((Arunima.Kumar@thomsonreuters.com))