Oslo, 22 August 2024
Please see the enclosed report for further information.
Financial highlights - Q2 2024:
+------------------------------+-------------+
|Net TC result (loss) | USD (1.54m) |
+------------------------------+-------------+
|Unrealized gain on TC position| USD 1.52m |
+------------------------------+-------------+
|Total operating expenses | USD (0.54m) |
+------------------------------+-------------+
|Operating profit (loss) | USD (0.56m) |
+------------------------------+-------------+
|Net profit (loss) | USD (0.36m) |
+------------------------------+-------------+
| | |
+------------------------------+-------------+
|Avg. spot-linked TC-out rate |USD 43,270/d |
+------------------------------+-------------+
|Avg. fixed TC-in rate |USD 51,750/d |
+------------------------------+-------------+
|Avg. TC-margin (loss) |USD (8,480)/d|
+------------------------------+-------------+
|Vessel days | 182 / 182 |
+------------------------------+-------------+
| | |
+------------------------------+-------------+
|Cash and working capital | USD 19.16m |
+------------------------------+-------------+
Contact:
Erik A.S. Frydendal, CEO, ef (a) huntergroup.no, Ph.: +47 957 72 947
Lars M. Brynildsrud, CFO, lb (a) huntergroup.no, Ph.: +47 932 60 882
This information is subject to disclosure requirements pursuant to section 5-12
of the Norwegian Securities Trading Act.