Havila Shipping ASA (DE:H4S) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Havila Shipping ASA reports a second-quarter freight income of NOK 146.0 million, down from the previous year but up from the last quarter, with higher average rates. The company’s second-quarter result before tax improved to NOK 4.0 million compared to a loss the year before, amid a backdrop of operational cost reductions and a fleet utilization of 97%. Havila Shipping is considering a refinancing offer to address short-term classified debts totaling NOK 1,356.4 million as of June 30, 2024.
For further insights into DE:H4S stock, check out TipRanks’ Stock Analysis page.