Feb 08, 2023 / 02:00PM GMT
Operator
Welcome to the 2020 Bulkers Q4 conference call. (Operator Instructions). I will now hand it over to the speakers. Please begin.
Magnus Halvorsen - 2020 Bulkers Ltd. - Chairman
Thank you, operator. Welcome, everyone, to the fourth-quarter 2022 earnings conference call for 2020 Bulkers. As usual, I'm also joined here today by Vidar Hasund, our CFO.
Before we start the presentation, we would like to remind you that we will be discussing forward-looking matters. These forward-looking assumptions are based on the company's current views with regards to future events and are subject to risk and assumptions subject to uncertainties. Actual results may differ materially.
And with that, I'll move over to the highlights for the quarter. 2020 Bulkers generated a net profit of $6.7 million in the fourth quarter. By this, we maintain our unbroken track record of profitability every quarter since we got our first vessel in operation in Q3 2019.
We continued to outperform the Capesize Index and achieved time charter equivalent earnings of $25,500
Q4 2022 2020 Bulkers Ltd Earnings Call Transcript
Feb 08, 2023
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