Brief: Saga Tankers Q3 EBIT Loss Widens To NOK 16.5 Million

Saga Pure ASA

07/11/2018 06:13

Nov 7 (Reuters) - Saga Tankers ASA  SAGT.OL :
    * Q3 OPERATING REVENUE NOK 4.2 MILLION VERSUS NOK 4.0
MILLION YEAR
AGO
    * BOARD OF DIRECTORS PROPOSES TO DISTRIBUTE A DIVIDEND OF
NOK 0.15
PER SHARE IN DECEMBER 2018.
    * Q3 EBIT LOSS NOK 16.5 MILLION VERSUS LOSS  NOK 0.4 MILLION
YEAR
AGO
    * HIRED TORE JAKOB BERG AS CHIEF FINANCIAL OFFICER OF
COMPANY WITH
EFFECT FROM 1 DECEMBER 2018
    * FOLLOWING PROPOSED DIVIDEND DISTRIBUTION, CO WILL HAVE
ESTIMATED
CASH BALANCE OF ABOUT NOK 100 MILLION

Source text for Eikon:  ID:nGNE1Xgrk4 
Further company coverage:  SAGT.OL 

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