Brief: Nordic Shipholding Revised Expected 2021 Loss Before Tax In Range Of USD 7.0-5.0 Mln

Nordic Shipholding A/S

06/01/2022 07:01

Jan 6 (Reuters) - NORDIC SHIPHOLDING A/S  NORDIC.CO :
    * COMPANY ANNOUNCEMENT 1/2022
    * NORDIC SHIPHOLDING A/S EXPECTS TO RECOGNISE A REVERSAL OF
IMPAIRMENT LOSS OF APPROXIMATELY USD 2.6M FOR QUARTER ENDED 31
DECEMBER 2021
    * GROUP'S TCE REVENUE FOR 2021 IS THUS UNCHANGED EXPECTED TO
BE IN
REGION OF USD 8.5 MILLION - USD 10.5 MILLION
    * EBITDA FOR 2021 UNCHANGED IS EXPECTED TO BE IN RANGE OF
USD -1.0
MILLION - USD 1.0 MILLION.
    * DUE TO EXPECTED REVERSAL OF IMPAIRMENT LOSS, GROUP'S
RESULT
BEFORE TAX IS NOW FORECASTED AT USD -7.0 MILLION - USD -5.0
MILLION (PREVIOUS FORECAST WAS USD -9.5 MILLION - USD -7.5
MILLION).

Source text for Eikon:  ID:nGNE42SGyf 
Further company coverage:  NORDIC.CO 

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