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Ocean Yield ASA Reports Fourth Quarter Adjusted Net Profit of $21.6 Million
Ocean Yield ASA announces results for the fourth quarter and preliminary results for the year ending 31st December 2020.
Highlights
The Board of Directors has declared a dividend of USD 5.30 cents per share. This is an increase of USD 0.15 cents compared to the previous quarter and is the 30th consecutive quarterly dividend declared by the Company.
EBITDA for Q4 2020 was USD 46.3 million and EBITDA adjusted for finance lease effects was USD 67.6 million.
Net profit for the period Q4 2020 was negative USD 51.7 million. Adjusted net profit from continuing operations for Q4 2020 was USD 21.6 million.
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