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FLNGo - FLEX LNG News Story

NOK99.2 1.4  1.4%

Last Trade - 07/05/21

Sector
Energy
Size
Mid Cap
Market Cap £459.6m
Enterprise Value £1.37bn
Revenue £117.7m
Position in Universe 505th / 1838

BRIEF-Flex LNG Q4 Reported Net Income Rises Qoq To $23.9 Million

Wed 26th February, 2020 6:06am
Feb 26 (Reuters) - FLEX LNG Ltd  FLNG.OL :
    * REPORTED REVENUES OF $52.0 MILLION FOR Q4 2019, COMPARED
TO
$29.8 MILLION FOR Q3 2019
    * REPORTED NET INCOME OF $23.9 MILLION FOR Q4 2019, COMPARED
TO A
NET INCOME OF $0.5 MILLION FOR Q3 2019
    * AVERAGE TIME CHARTER EQUIVALENT ("TCE") RATE OF $94,000
PER DAY
FOR Q4 2019
    * ADJUSTED EBITDA OF $41.9 MILLION FOR Q4 2019, COMPARED
WITH
$21.8 MILLION FOR Q3 2019
    * BOARD OF DIRECTORS HAS DECLARED A CASH DIVIDEND FOR Q4 OF
$0.10
PER SHARE

Source text for Eikon:  ID:nGNENl1f 
Further company coverage:  FLNG.OL 

 (Gdansk Newsroom)
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