2020 Bulkers Ltd. (2020) - Results for the fourth quarter of 2023
Oslo, Norway, February 7, 2024 2020 Bulkers Ltd. (“2020 Bulkers” or the “Company”), today announced its unaudited financial and operating results for the three and twelve months ended December 31, 2023. Key events during the fourth quarter of 2023 · The Company reported net profit of US$14.8 million and EBITDA of US$20.7 million for the fourth quarter of 2023. · Achieved average time charter equivalent earnings of approximately US$36,300 per day, gross. · The Company declared total cash distributions and dividend of US$0.59 per share for the months of October, November