Hunter Group ASA: Second-quarter results 2018
Financial highlights · Profit before taxes from continuing operations came in at NOK 78k in Q2 2018 · Cash position as of 30.6.2018 was NOK 666.6m, up from NOK 267.3m last quarter, consisting of NOK 420m and USD 30m. · First installment for vessel 5455/5456/5457/5460 of USD 34.11m was made at an exchange rate of USDNOK of 8.0. Key events in Q2 2018 · On 4 April, Henrik Christensen (Chairman), Kristin Hellebust (Board member) and Arne Fredly (Board member) were elected to the board of directors at the EGM. · On 26 April Hunter Group entered into a definitive VLCC