Western Bulk Chartering AS Reports Consolidated Financial Results for the Second Half and Full Year of 2018
January 24, 2019 at 05:25 pm
Western Bulk Chartering AS reported consolidated financial results for the second half and full year of 2018. For the second half, the company reported gross revenues of USD 584,061,000 compared to 415,591,000 a year ago. Operating loss was USD 769,000 compared to profit of USD 9,005,000 a year ago. Profit for the period was USD 598,000 compared to USD 6,385,000 a year ago.
For the year, the company reported gross revenues of USD 1,070,238,000 compared to 827,280,000 a year ago. Operating profit of USD 5,391,000 compared to USD 9,523,000 a year ago. Profit for the period was USD 4,197,000 compared to USD 4,294,000 a year ago.