2020 Bulkers Ltd. (2020) - Results for the third quarter of 2021
Hamilton, Bermuda, October 27, 2021 2020 Bulkers Ltd. (“2020 Bulkers” or the “Company”), today announced its unaudited financial and operating results for the three and nine months ended September 30, 2021. Key events during the third quarter of 2021 · The Company reported net profit of US$21.6 million and EBITDA of US$27.1 million for the third quarter of 2021. · Achieved average time charter equivalent earnings of approximately US$46,000, per day, gross. · The Company declared total cash distributions of US$0.97 per share for the months of July, August and September