Concordia Maritime, which had once been a leader in product tankers, continues to sell off its fleet as management reports they continue to explore op.
Financially troubled product tanker operator Concordia Maritime announced a further sale of vessels reducing its fleet by nearly half as they now move.
Earnings affected by impairment • Total income Q4: SEK 151.2 (165.7) million Full year: SEK 704.8 (1,025.8) million • EBITDA Q4: SEK 36.6 (–4.6) million Full year: SEK –82.6 (277.8) million • Result before tax Q4: SEK –308.2 (–86.5) million Full year: SEK –658.2 (–65.1) million • Result per share after tax Q4: SEK –6.45 .
/PRNewswire/ Earnings affected by impairment Total income Q4: SEK 151.2 (165.7) million Full year: SEK 704.8 (1,025.8) million EBITDA Q4: SEK 36.6 (-4.6).