2020 Bulkers Ltd. (2020) - Results for the second quarter of 2024
Oslo, Norway, August 14, 2024 2020 Bulkers Ltd. (“2020 Bulkers” or the “Company”), today announced its unaudited financial and operating results for the three and six months ended June 30, 2024. Key events during the second quarter of 2024 · The Company reported net profit of US$31.1 million and EBITDA of US$34.4 million for the second quarter of 2024. The results include a US$20.4 million gain from the sale of Bulk Seoul which was delivered to the buyer on April 4, 2024. · Achieved average time charter equivalent earnings of approximately US$34,300 per day, gross. ·