Flex LNG First Quarter 2021 Earnings Release
May21, 2021 – Hamilton, BermudaFlex LNG Ltd. (“Flex LNG” or the “Company”) today announced its unaudited financial results for the first quarter and three months ended March 31, 2021. Highlights: · Revenues of $81.3 million for the first quarter 2021, compared to $67.4 million for the fourth quarter 2020. · Net income of $47.2 million and earnings per share of $0.88 for the first quarter 2021, compared to $25.8 million and earnings per share of $0.48 for the fourth quarter 2020. · Average Time Charter Equivalent (“TCE”) rate of $75,399 per day for the first quarter 2021,