Brief: Himalaya Shipping H1 EBITDA At $4.2 Mln

Himalaya Shipping

08/08/2023 07:37

Aug 8 (Reuters) - Himalaya Shipping Ltd  HSHP.OL :
    * H1 EBITDA OF $4.2 MILLION, FOR SIX MONTHS ENDED JUNE 30,
2023
    * H1 OPERATING PROFIT OF $1.8 MILLION
    * H1 NET LOSS OF $1.1 MILLION
    * STRATEGY WE ARE FOLLOWING, WITH NO PLANS FOR FURTHER
INVESTMENTS
IN SHIPS, MEANS MOST OF CASH GENERATED AFTER DEBT SERVICE WILL
BE DISTRIBUTED TO SHAREHOLDER THROUGH MONTHLY DIVIDENDS
    * H1 OPERATING REVENUES OF $8.2 MILLION
    * AGING FLEET COUPLED WITH NEW ENVIRONMENTAL REGULATIONS
COMING,
MEANS WE SHOULD HAVE IMPROVED UTILIZATION FOR COMING YEARS

Source text for Eikon:  ID:nWkr9kbxcS 
Further company coverage:  HSHP.OL 

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