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Hafnia Limited Announces Financial Results for the Three and Six Months Ended June 30, 2024 [Yahoo! Finance]

Hafnia Limited Common Shares (HAFN) 
Company Research Source: Yahoo! Finance
leading product tanker company with a diversified and modern fleet of over 130 vessels, today announced results for the three and six months ended June 30, 2024. The full report can be found in the Investor Relations section of Hafnia's website: https://investor.hafniabw.com/financials/quarterly-results/default.aspx Highlights and Recent Activity Second Quarter 2024 Recorded net profit of USD 259.2 million or USD 0.51 per share compared to USD 213.3 million or USD 0.42 per share in Q2 2023. Commercially managed pool and bunker procurement business generated income of USD 10.7 million compared to USD 10.1 million in Q2 2023. Time Charter Equivalent (TCE) earnings were USD 417.4 million compared to USD 349.3 million in Q2 2023, resulting in an average TCE of USD 39,244 per day. Adjusted EBITDA of USD 317.1 million compared to USD 261.6 million in Q2 2023. of total earning days of the fleet were covered for Q3 2024 at USD 34,934 per day as of August 9, 2024. Net asset v Show less Read more
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