Western Bulk Chartering announced unaudited earnings results for the third quarter and nine months ended September 30, 2015. For the quarter, the company reported total gross revenues of USD 255.5 million compared to USD 278.7 million a year ago. Operating profit (EBIT) was USD 0.8 million compared to operating loss (LBIT) of USD 8.0 million a year ago. Loss before tax was USD 5.9 million compared to USD 19.8 million a year ago. Loss for the period was USD 5.9 million compared to USD 19.8 million a year ago. Adjusted net result was USD 1.1 million.

For the nine months, the company reported total gross revenues of USD 757.1 million compared to USD 919.4 million a year ago. Operating profit (EBIT) was USD 4.1 million compared to USD 2.0 million a year ago. Profit before tax was USD 26.8 million compared to loss before tax of USD 12.9 million a year ago. Profit for the period was USD 26.6 million compared to loss for the period of USD 12.9 million a year ago. Adjusted net result was USD 4.2 million.