2020 Bulkers Ltd. (2020) - Results for the third quarter of 2023
Oslo, Norway, November 8, 2023 2020 Bulkers Ltd. (“2020 Bulkers” or the “Company”), today announced its unaudited financial and operating results for the three and nine months ended September 30, 2023. Key events during the third quarter of 2023 · The Company reported net profit of US$5.2 million and EBITDA of US$11.1 million for the third quarter of 2023. · Achieved average time charter equivalent earnings of approximately US$21,000 per day, gross. · The Company declared total cash distributions of US$0.12 per share for the months of July, August and September 2023.