Brief: Hafnia Q4 EBITDA USD 94.8 Million

Hafnia

25/02/2020 07:59

Feb 25 (Reuters) - Hafnia Ltd  HAFNIA.OL :
    * TIME CHARTER EQUIVALENT (TCE) EARNINGS FOR HAFNIA LIMITED
WERE
USD 514.4 MILLION IN 2019 AND EBITDA WAS USD 277.8 MILLION IN
2019.
    * HAFNIA WILL PAY A QUARTERLY DIVIDEND OF USD 0.0573 PER
SHARE
    * Q4 OPERATING REVENUE USD 224.6 MILLION
    * THE INTERNATIONAL ENERGY AGENCY (IEA) EXPECTS OPEC
PRODUCTION TO
FALL BY 1 MILLION BARRELS PER DAY IN 2020 TO 29 MILLION BARRELS
PER DAY
    * THE INTERNATIONAL ENERGY AGENCY FORECASTS THAT, ALTHOUGH
OPEC
OUTPUT WILL CONTINUE TO FALL THROUGH TO 2024, WORLDWIDE OIL
SUPPLY IS EXPECTED TO RISE.
    * Q4 EBITDA USD 94.8 MILLION
    * WHILST A ‘PHASE 1’ TRADE DEAL BETWEEN THE US AND CHINA HAD
PROVIDED SOME SUPPORT TO ECONOMIC SENTIMENT, THE RECENT OUTBREAK
OF A NOVEL CORONAVIRUS IN CHINA COULD HAVE A SIGNIFICANT
NEGATIVE IMPACT.

Source text for Eikon:  ID:nObi5VyGQa 
Further company coverage:  HAFNIA.OL 

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