Frontline (FRO) Reports Q4 Loss of $0.02/sh

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Go back to Frontline (FRO) Reports Q4 Loss of $0.02/sh

FRO – Fourth Quarter and Full Year 2021 Results

February 17, 2022 1:28 AM EST

FRONTLINE LTD. REPORTS RESULTS FOR THE FOURTH QUARTER ENDED DECEMBER 31, 2021

Frontline Ltd. (the Company or Frontline), today reported unaudited results for the three and twelve months ended December 31, 2021:

Highlights 

Net income of $19.8 million, or $0.10 per basic and diluted share for the fourth quarter of 2021.Adjusted net loss of $4.8 million, or $0.02 per basic and diluted share for the fourth quarter of 2021.Reported total operating revenues of $213.5 million for the fourth quarter of 2021.Reported spot TCEs for VLCCs, Suezmax tankers and LR2 tankers in the... More