Brief: Klaveness Combination Carriers Q2 EBITDA Falls To USD 4.2 Mln

Klaveness Combination Carriers ASA

26/08/2019 10:36

Aug 26 (Reuters) - Klaveness Combination Carriers  KCCA.OL :
    * Q2 NET REVENUES FROM VESSEL OPERATIONS USD 12.6 MLN VS USD
14.4
MLN YR AGO
    * Q2 EBITDA USD 4.2 MLN VS USD 8.5 MLN YR AGO 
    * Q2 NET LOSS USD 1.9 MLN VS PROFIT USD 3.2 MLN YR AGO
    * Q2 AVERAGE TCE EARNINGS USD 14,584/DAY 
    * ANNOUNCES DIVIDEND PAYMENT OF USD 0.5 MLN FOR Q2 2019
    * OUTLOOK FOR CABUS FOR H2 2019 IS POSITIVE WITH CABU
EARNINGS
EXPECTED TO INCREASE SIGNIFICANTLY
    * TC-EQUIVALENT EARNINGS OF THE CABU FLEET IN 2019 IS
EXPECTED TO
BE IN LINE WITH LAST YEAR'S EARNINGS OF AROUND USD 17,400/DAY

 Source text for Eikon:  urn:newsml:reuters.com:*:nObi3yDpBa
    
 Further company coverage:  KCCA.OL  
   


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