2020 Bulkers Ltd. (2020) - Results for the fourth quarter of 2022
Oslo, Norway, February 8, 2023 2020 Bulkers Ltd. (“2020 Bulkers” or the “Company”), today announced its unaudited financial and operating results for the three and twelve months ended December 31, 2022. Key events during the fourth quarter of 2022 · The Company reported net profit of US$6.7 million and EBITDA of US$12.1 million for the fourth quarter of 2022. · Achieved average time charter equivalent earnings of approximately US$25,500 per day, gross. · The Company declared total cash distributions of US$0.27 per share for the months of October, November and December