Euronav NV Announces Unaudited Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2018; Announces Impairment for the Fourth Quarter of 2018
For the year, revenue was USD 600,024,000 compared to USD 513,368,000 for the same period a year ago. Loss before tax was USD 110,083,000 compared to profit of USD 25,000 for the same period a year ago. Loss for the period was USD 110,252,000 compared to profit of USD 1,383,000 for the same period a year ago.
For the fourth quarter impairment on non-current assets held for sale was USD 2,995,000.