Brief: Nordic Shipholding Q2 EBITDA Rises To $1.1 Mln

Nordic Shipholding A/S

21/08/2019 06:52

Aug 21 (Reuters) - Nordic Shipholding A/S  NORDIC.CO :
    * REG-COMPANY ANNOUNCEMENT 10/2019
    * TCE EARNINGS ROSE 19.0% TO USD 12.2 MILLION (USD 10.2
MILLION)
IN H1 2019
    * FOR 6 MONTHS ENDED 30 JUNE 2019, GROUP INCURRED A LOSS
AFTER TAX
OF USD 1.3 MILLION
    * Q2 TCE REVENUE $5.0 MILLION VERSUS $4.3 MILLION YEAR AGO
    * Q2 EBITDA $1.1 MILLION VERSUS $163,000 YEAR AGO
    * Q2 EBIT LOSS $ 352,000 VERSUS LOSS $9.8 MILLION YEAR AGO
    * OUTLOOK FOR 2019 REMAINS UNCHANGED AS INDICATED IN 2018
ANNUAL
REPORT
    * OUTLOOK FOR 2019 DOES NOT TAKE INTO ACCOUNT ANY IMPAIRMENT
OR
WRITE-BACK OF IMPAIRMENT OF VESSELS' CARRYING VALUES

Source text for Eikon:  ID:nGNE2KDVnh 
Further company coverage:  NORDIC.CO 

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