Hafnia Limited ("Hafnia", the "Company" or "we", OSE ticker code: "HAFNI", NYSE ticker code: "HAFN"), a leading product tanker company with a diversified and modern fleet of over 130 vessels, today announced results for the three and nine months ended September 30, 2024.
Third Quarter 2024
- Reported net profit of USD 215.6 million or USD 0.42 per share1 compared to USD 146.9 million or USD 0.29 per share in Q3 2023.
- Commercially managed pool and bunker procurement business generated income of USD 7.8 million compared to USD 7.5 million2 in Q3 2023.
- Time Charter Equivalent (TCE)3 earnings were USD 361.6 million compared to USD 310.3 million in Q3 2023, resulting in an average TCE3 of USD 33,549 per day.
- Adjusted EBITDA2 of USD 257.0 million compared to USD 220.8 million in Q3 2023.
- 71% of total earning days of the fleet were covered for Q4 2024 at USD 24,004 per day as of November 18, 2024.
- Net asset value (NAV)4 was approximately USD 4.6 billion, or approximately USD 9.07 per share (NOK 95.24), at quarter end, primarily driven by rising vessel values.
- Hafnia will distribute a total of USD 194.1 million, or USD 0.3790 per share, in dividends, corresponding to a payout ratio of 90%.
Year-to-Date September 30, 2024
- Achieved record net profit of USD 694.4 million or USD 1.36 per share1 compared to USD 616.8 million or USD 1.22 per share for the nine months ended September 30, 2023.
- Commercially managed pool and bunker procurement business generated income of USD 28.3 million compared to USD 28.7 million2 for the nine months ended September 30, 2023.
- TCE3 earnings were USD 1,157.7 million compared to USD 1,036.8 million for the nine months ended September 30, 2023, resulting in an average TCE3 of USD 36,330 per day.
- Adjusted EBITDA3 of USD 861.1 million compared to USD 778.4 million for the nine months ended September 30, 2023.
Источник: www.finance.yahoo.com
