Frontline (FRO) Tops Q2 EPS by 10c, Revenues Beat

Go back to Frontline (FRO) Tops Q2 EPS by 10c, Revenues Beat

FRO - Q2 2019 Presentation

August 27, 2019 8:31 AM EDT

Please find enclosed the presentation of Frontline Ltd.s  second quarter 2019 results to be held on the webcast / conference call 27 August, 2019 at 15:00 CET.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

Attachment

Presentation Q2 2019

Source: Frontline Ltd.... More

FRO - Second Quarter and Six Months 2019 Results

August 27, 2019 2:00 AM EDT

Frontline Ltd. (the Company or Frontline), today reported unaudited results for the three and six months ended June 30, 2019:

Highlights

Net income attributable to the Company was $1.1 million, or $0.01 per share, for the second quarter of 2019.Net income attributable to the Company was $4.2 million, or $0.02 per share adjusted for certain non-cash items for the second quarter of 2019.Reported spot average daily time charter equivalent (TCE) for VLCCs, Suezmax tankers and LR2/Aframax tankers in the second quarter were $25,600, $16,200 and $18,100, respectively.For the third quarter of 2019, we estimate spot TCE... More