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Hafnia Limited Announces Financial Results for the Three and Nine Months Ended September 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 nine months ended September 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 Third Quarter 2024 Reported net profit of USD 215.6 million or USD 0.42 per share compared to USD 146.9 million or USD 0.29 per share in Q3 2023. Commercially managed pool and bunker procurement business generated income of USD 7.8 million compared to USD 7.5 million in Q3 2023. Time Charter Equivalent (TCE) earnings were USD 361.6 million compared to USD 310.3 million in Q3 2023, resulting in an average TCE of USD 33,549 per day. Adjusted EBITDA of USD 257.0 million compared to USD 220.8 million in Q3 2023. of total earning days of the fleet were covered for Q4 2024 at USD 24,004 per day as of November 18, 2024. Net a Show less Read more
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