Brief: GC Rieber Shipping Q3 Net Result Swings To Loss Of NOK 27.5 Mln

GC Rieber Shipping ASA

04/11/2020 15:49

Nov 4 (Reuters) - GC Rieber Shipping ASA  RISH.OL :
    * GC RIEBER SHIPPING: THIRD QUARTER RESULTS 2020
    * Q3 OPERATING INCOME NOK 83.0 MILLION VERSUS NOK 74.2
MILLION
YEAR AGO
    * Q3 NET LOSS NOK 27.5 MILLION VERSUS PROFIT NOK 17.3 
MILLION
YEAR AGO
    * OUTLOOK: CONTINUED UNCERTAINTY RELATED TO THE CORONAVIRUS
DISEASE (COVID-19) OUTBREAK AND VOLATILE OIL PRICE
    * OUTLOOK: IMPROVEMENT IN MARKET CONDITIONS NOT EXPECTED IN
THE
SHORT TO MEDIUM TERM
    * OUTLOOK: MAIN FOCUS ON SECURING UTILISATION FOR ALL OWNED
VESSELS AND DEVELOP NEW PROFITABLE AND SUSTAINABLE MARITIME
PROJECTS

Source text for Eikon:  ID:nWkr7t8QfQ 
Further company coverage:  RISH.OL 

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