Golden Ocean Group (GOGL) Reports In-Line Q2 EPS

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Go back to Golden Ocean Group (GOGL) Reports In-Line Q2 EPS

GOGL - Second Quarter 2015 Results

August 27, 2015 2:56 AM EDT

HAMILTON, Bermuda, Aug. 27, 2015 (GLOBE NEWSWIRE) -- Highlights

The Company reports a net loss of $33.5 million and a loss per share of $0.19, excluding bargain purchase gain, for the second quarter of 2015. The Company reports a net loss of $48.8 million and a loss per share of $0.38, excluding vessel impairment loss and bargain purchase gain, for the six months ended June 30, 2015. In April 2015, the Company received $40.1 million in relation to the cancellation of newbuilding contracts at Jinhaiwan. In April 2015, the Company sold two Capesize vessels to an unrelated third party In April 2015, the... More