Frontline (FRO) Misses Q4 EPS by 22c

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FRO - Q4 2015 Presentation

February 29, 2016 8:27 AM EST

Hamilton, Bermuda, Feb. 29, 2016 (GLOBE NEWSWIRE) -- Please find enclosed the presentation of Frontline Ltd.'s fourth quarter 2015 results.

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian Securities Trading Act)

Presentation Q4 2015 http://hugin.info/182/R/1990177/731131.pdf

HUG#1990177

CONTACT: Inger Marie Klemp (CFO), +47 23 11 40 00 Source: Frontline Ltd... More

FRO - Fourth Quarter and Full Year 2015 Results

February 29, 2016 2:44 AM EST

HAMILTON, Bermuda, Feb. 29, 2016 (GLOBE NEWSWIRE) -- Frontline Ltd. (the "Company" or "Frontline"), today reported unaudited results for the year ended December 31, 2015:

Highlights

Frontline achieved net income attributable to the Company of $58.6 million for the fourth quarter of 2015 and net income attributable to the Company of $154.6 million for the year ended December 31, 2015. The Company announces a cash dividend of $0.35 per share for the fourth quarter of 2015. On November 30, 2015, Frontline completed the previously announced merger with Frontline 2012 Ltd. ("Frontline 2012"). The Company paid a dividend of $0.25 per share in December 2015... More