Frontline (FRO) Tops Q1 EPS by 29c

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FRO – Q1 2022 Presentation

May 24, 2022 8:36 AM EDT

Please find enclosed the presentation of Frontline Ltd.s first quarter 2022 results to be held on the webcast / conference call 24 May, 2022 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 Q1 2022

Source: Frontline Ltd.... More

FRO - First Quarter 2022 Results

May 24, 2022 1:29 AM EDT

FRONTLINE LTD. REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2022

Frontline Ltd. (the Company or Frontline), today reported unaudited results for the three months ended March 31, 2022:

Highlights

Net income of $31.1 million, or $0.15 per basic and diluted share for the first quarter of 2022.Adjusted net loss of $1.6 million, or $0.01 per basic and diluted share for the first quarter of 2022.Reported total operating revenues of $217.4 million for the first quarter of 2022.Reported spot TCEs for VLCCs, Suezmax tankers and LR2 tankers in the... More