Frontline (FRO) Misses Q1 EPS by 8c, Revenues Beat

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FRO – Q1 2023 Presentation

May 31, 2023 8:49 AM EDT

Please find enclosed the presentation of Frontline plc´s first quarter 2023 results to be held on the webcast / conference call 31 May, 2023 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 2023

Source: Frontline plc.... More

FRO – First Quarter 2023 Results

May 31, 2023 1:30 AM EDT

FRONTLINE PLC REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2023

Frontline plc (the Company or Frontline), today reported unaudited results for the three months ended March 31, 2023:

Highlights

Highest first quarter profit since 2008 of $199.6 million, or $0.90 per basic and diluted share for the first quarter of 2023.Adjusted profit of $193.3 million, or $0.87 per basic and diluted share for the first quarter of 2023.Declared a cash dividend of $0.70 per share for the first quarter of 2023.Reported revenues of $497.3 million for the first quarter of... More