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Golden Ocean Group: Q4 Earnings Snapshot

Golden Ocean Group: Q4 Earnings Snapshot

By AP News
Published - Feb 16, 2023, 06:24 AM ET
Last Updated - Jun 22, 2023, 09:21 PM EDT

HAMILTON HM 08, Bermuda (AP) — Golden Ocean Group Ltd. (GOGL) on Thursday reported fourth-quarter net income of $68.2 million.

On a per-share basis, the Hamilton Hm 08, Bermuda-based company said it had net income of 34 cents. Earnings, adjusted for non-recurring gains, came to 29 cents per share.

The shipping company posted revenue of $249.6 million in the period. Its adjusted revenue was $180.4 million.

For the year, the company reported profit of $461.8 million, or $2.29 per share. Revenue was reported as $834.9 million.

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