DHT Holdings, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 06, 2023 at 04:36 pm EST
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DHT Holdings, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net income was USD 30.76 million compared to USD 7.03 million a year ago. Basic earnings per share from continuing operations was USD 0.19 compared to USD 0.04 a year ago. Diluted earnings per share from continuing operations was USD 0.19 compared to USD 0.04 a year ago.
For the nine months, net income was USD 125.99 million compared to net loss of USD 0.505 million a year ago. Basic earnings per share from continuing operations was USD 0.77. Diluted earnings per share from continuing operations was USD 0.77.
DHT Holdings, Inc. is an independent crude oil tanker company. The Companyâs fleet trades internationally and consists of crude oil tankers in the very large crude carriers (VLCC) segment. The Company operates through its integrated management companies in Monaco, Norway, Singapore, and India. Its primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. The Company is engaged in the ownership and operation of a fleet of crude oil carriers. The Company has about 23 vessels in operation, six vessels are on time charters and 17 vessels operating in the spot market. The fleet operates globally on international routes. The Companyâs fleets are comprised of DHT Appaloosa, DHT Mustang, DHT Bronco, DHT Colt, DHT Stallion, DHT Tiger, DHT Harrier, DHT Puma, DHT Panther, DHT Osprey, DHT Lion, DHT Leopard, DHT Jaguar, DHT Taiga, DHT Sundarbans, and DHT Scandinavia, among others.