Concordia Maritime Release Interim Report

MarineLink.com
Wednesday, August 14, 2013
Stena Supreme

In accordance with the Swedish Securities Market Act and the Swedish Financial Instruments Trading Act, Concordia Maritime published its interim report for 2013. Highlights are as follows:

Interim Report 1 January – 30 June 2013
•Positive view of the product tanker market continues
•Weaker market in Q2, but six-month total better than 2012
•Seven out of ten P-MAX tankers on the open market

Six months 2013

•Total income, SEK 246.7 million
•EBITDA, SEK 90 million
•Operating result before impairment, SEK 18.2 million
•Impairment, 0
•Operating result after impairment, SEK 18.2 million
•Result after tax, SEK 1.4 million
•Result per share, SEK 0.03
•EBITDA, $13.9 million (USD)
•Available liquid funds (Including unutilised available credit facilities.), SEK 384.6 million

concordiamaritime.com
 


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