May 07, 2025 / 01:00PM GMT
Operator
Welcome to 2020 Bulkers Q1 2025 caller report.
[operator instruction] I will now hand it over to speakers. Please begin.
Lars-Christian Svensen - 2020 Bulkers Ltd - Chief Executive Officer
Thank you, operator. Welcome to the Q1 2025 conference call for 2020 Bulkers. My name is Lars-Christian Svensen, and I will be joined here today by our CFO Vidar Hasund. Before we start the presentation, I would like to remind you that we will be discussing matters that are forward-looking. These assumptions reflect the company's current views regarding future events and are subject to risks and uncertainties. Actual results may differ materially from those anticipated.
With that squared away, I will now continue with the highlights of the quarter. We reported a net profit of $0.2 million and that earnings per share of $0.01 and cheap time charge of equivalent earnings of approximately $19,000 per day gross. Total dividends and cash distributions for the quarter, total $0.10 per share for the month of January to March. During this period, we
Q1 2025 2020 Bulkers Ltd Earnings Call Transcript
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