Q4 2024 2020 Bulkers Ltd Earnings Call Transcript

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Feb 12, 2025

Feb 12, 2025 / 02:00PM GMT
Operator

At this time, I would like to welcome everyone to this 2020 Bulkers earnings call for Q4 2024. This call is being recorded. (Operator instructions) I'd now like to hand it all to the speakers. Please go ahead.

Magnus Halvorsen - 2020 Bulkers Ltd - Chairman of the Board

Thank you, operator. Welcome to the Q4 2024 conference call for 2020 Bulkers.

As last time, I'm joined here today with our CFO Vidar Hasund, and our Chief Commercial Officer Lars Christian Svensen, who will be taking over as CEO on April 1.

Before we start the presentation, we would like to remind you that we will be discussing matters that are forward-looking. These forward-looking assumptions are based on the company's current views with regards to future events and 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.

We reported the net profit of $5.1 million and EPS of $0.23. Trading wise, we achieved time charter equivalent earnings of approximately $27,100

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