DHT Holdings (DHT) has released an update.
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DHT Holdings reported a net profit of $35.2 million for Q3 2024, with shipping revenues reaching $141.1 million, amidst a challenging economic backdrop influenced by Chinese economic conditions and OPEC+ strategies. The company declared a consistent cash dividend of $0.22 per share, maintaining its commitment to shareholder returns. Additionally, DHT Holdings secured a lucrative time charter contract for the DHT Lion at $55,000 per day, reflecting strategic operational moves.
For further insights into DHT stock, check out TipRanks’ Stock Analysis page.