Brief: Hafnia Q3 Net Profit Up At USD 146.9 Million

Hafnia

17/11/2023 06:47

Nov 17 (Reuters) - Hafnia Ltd  HAFNI.OL :
    * Q3 NET PROFIT USD 146.9 MILLION VERSUS USD 0.4 MILLION
LAST YEAR
    * WE ARE ABLE TO DISTRIBUTE A HIGHER PAYOUT RATIO OF 70%
    * WITH A NET LTV OF 27.4%, WE WILL DISTRIBUTE A TOTAL OF USD
102.9
MILLION OR USD 0.2032 PER SHARE.
    * MARKET OUTLOOK REMAINS VERY POSITIVE IN WINTER SEASON,
WHICH HAS
HISTORICALLY DEMONSTRATED STRENGTH.
    * INVENTORIES IN WESTERN HEMISPHERE HAVE CONTINUALLY
DECLINED
THROUGHOUT YEAR
    * AS OF 8 NOV 2023, WE HAVE FOR Q4 COVERED 65% OF EARNING
DAYS AT
AN AVERAGE OF USD 29,893 PER DAY

Source text for Eikon:  ID: 
Further company coverage:  HAFNI.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;  +48 58 769 66 00;))