Brief: Nordic Shipholding Q1 EBITDA Rises To USD 3.1 Million

Nordic Shipholding A/S

22/05/2019 06:27

May 22 (Reuters) - Nordic Shipholding A/S  NORDIC.CO :
    * REG-COMPANY ANNOUNCEMENT 7/2019
    * FOR 3 MONTHS ENDED 31 MARCH 2019, GROUP GENERATED A PROFIT
AFTER
TAX OF USD 0.4 MILLION
    * Q1 TCE REVENUE $7.1 MILLION VERSUS $5.9 MILLION YEAR AGO
    * Q1 EBITDA $3.1 MILLION VERSUS $1.7 MILLION YEAR AGO
    * DID NOT MAKE ANY IMPAIRMENT NOR REVERSAL OF IMPAIRMENT
DURING
QUARTER.
    * OUTLOOK FOR 2019 REMAINS UNCHANGED AS INDICATED IN 2018
ANNUAL
REPORT
    * QUARTERLY LOAN INSTALMENTS ARE DEFERRED FROM DECEMBER 2018
TO
SEPTEMBER 2020
    * FORECASTED TCE REVENUE FOR 2019 IS MAINTAINED IN REGION OF
USD
23.0 MILLION - USD 26.0 MILLION

Source text for Eikon:  ID:nGNE2Hpvv9 
Further company coverage:  NORDIC.CO 

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