AMSC ASA - Second quarter 2023 results
Lysaker, 23 August 2023, AMSC ASA (“AMSC” or the “Company”) announces results for the second quarter and half year ending 30 June 2023. HIGHLIGHTS · Agreed to a sale of 100% of the shares in ATHC, which comprises all of AMSC’s Jones Act business including the 10 tankers and corresponding bareboat charters, debt and corporate structure · Bareboat revenue for Q2 2023 of USD 30.9 million and adjusted net profit of USD 4.8 million · Contracted backlog of U.S. Jones Act bareboat revenue of USD 282.6 million with average weighted tenor of 3.0 years · Contracted backlog of