DHT Holdings, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 06, 2023
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DHT Holdings, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 153.05 million compared to USD 99.91 million a year ago. Net income was USD 57.06 million compared to USD 9.72 million a year ago. Basic earnings per share from continuing operations was USD 0.35 compared to USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.35 compared to USD 0.06 a year ago.
For the six months, revenue was USD 285.62 million compared to USD 176.31 million a year ago. Net income was USD 95.23 million compared to net loss of USD 7.54 million a year ago. Basic earnings per share from continuing operations was USD 0.58 compared to basic loss per share from continuing operations of USD 0.05 a year ago. Diluted earnings per share from continuing operations was USD 0.58 compared to diluted loss per share from continuing operations of USD 0.05 a year ago.
DHT Holdings, Inc. is an independent crude oil tanker company. The Companyâs fleet trades internationally and consists of crude oil tankers in the very large crude carriers (VLCC) segment. The Company operates through its integrated management companies in Monaco, Norway, Singapore, and India. Its primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. The Company is engaged in the ownership and operation of a fleet of crude oil carriers. The Company has about 23 vessels in operation, six vessels are on time charters and 17 vessels operating in the spot market. The fleet operates globally on international routes. The Companyâs fleets are comprised of DHT Appaloosa, DHT Mustang, DHT Bronco, DHT Colt, DHT Stallion, DHT Tiger, DHT Harrier, DHT Puma, DHT Panther, DHT Osprey, DHT Lion, DHT Leopard, DHT Jaguar, DHT Taiga, DHT Sundarbans, and DHT Scandinavia, among others.
DHT HOLDINGS, INC. 
