2020 Bulkers Ltd. (2020) – Results for the first quarter
Hamilton, Bermuda, April 30, 2020 2020 Bulkers Ltd. (2020) (“2020 Bulkers” or the “Company”), today announced its unaudited financial and operating results for the three months ended March 31, 2020. Key events during the first quarter of 2020 · The Company reported net profit of US$0.3 million and EBITDA of US$4.4 million for the first quarter of 2020. · Achieved average time charter equivalent earnings of approximately US$15,600, per day, gross. · In January 2020, the Company paid dividends of US$0.04 per share for the month of December, 2019. · In February 2020,