Brief: D'amico Q4 EBITDA Down To USD 16.4 Mln

dAmico International Shipping SA

10/03/2022 11:33

March 10 (Reuters) - d'Amico International Shipping SA
 B7C.MI :
    * Q4 TIME CHARTER EQUIVALENT EARNINGS (TCE) OF US$ 43.1
MILLION
(US$ 53.6 MILLION IN Q4’20)
    * Q4 EBITDA OF US$ 16.4 MILLION (US$ 23.8 MILLION IN Q4’20)
    * Q4 NET LOSS USD 8.3 MILLION VERSUS NET PROFIT USD 1.2
MILLION
YEAR AGO
    * SAYS SITUATION IN UKRAINE THAT COULD RESULT IN SANCTIONS
BEING
IMPOSED ON RUSSIAN OIL, REPRESENTS A THREAT TO OIL SUPPLY
PICTURE
    * D'AMICO CEO SAYS COMPANY DOES NOT CURRENTLY HAVE
RECEIVABLES 
OUTSTANDING FROM RUSSIAN COMPANIES

Further company coverage:  B7C.MI 

 (Reporting by Gdansk Newsroom)
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