Flex LNG Q2, 2020 Earnings Release
Flex LNG Ltd. (“Flex LNG” or the “Company”) today announced its unaudited financial results for the second quarter and six months ended June 30, 2020. Highlights: · Revenues of $25.8 million for the second quarter 2020, compared to $38.2 million for the first quarter 2020. · Net loss of $6.7 million and loss per share of $0.12 for the second quarter 2020, compared to a net loss of $14.9 million and loss per share of $0.27 for the first quarter 2020. · Average Time Charter Equivalent (“TCE”) rate of $46,588 per day for the second quarter 2020, compared to $67,740 per day for