2020 Bulkers Ltd. (2020) - Results for the second quarter and first half of 2022
Oslo, Norway, August 17, 2022 2020 Bulkers Ltd. (“2020 Bulkers” or the “Company”), today announced its unaudited financial and operating results for the three and six months ended June 30, 2022. Key events during the second quarter of 2022 · The Company reported net profit of US$12.0 million and EBITDA of US$17.4 million for the second quarter of 2022. · Achieved average time charter equivalent earnings of approximately US$32,300 per day, gross. · The Company declared total cash distributions of US$0.52 per share for the months of April, May and June 2022. · In