Hunter Group ASA - Second Quarter Results 2019
Highlights Financial highlights Net profit from continuing operations came in at USD 1,101t in Q2 2019 compared to USD -443t in Q2 2018. The net profit in Q2 is mainly attributable to financial income. Total operating expenses from continuing operations was reduced from USD 709t in Q2 2018 to USD 133t in Q2 2019. Key events in Q2 2019 Post-delivery bank financing came in place. USD 420m of bank financing secured from a syndicate of leading international shipping banks. The loan will finance approximately 60% of the construction cost with available draw at delivery of each