Frontline Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2021
05/27/2021 | 04:07am EDT
Frontline Ltd. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 193.991 million compared to USD 411.819 million a year ago. Operating income was USD 24.701 million compared to USD 208.450 million a year ago. Net income was USD 28.895 million compared to USD 165.331 million a year ago. Basic earnings per share from continuing operations was USD 0.15 compared to USD 0.87 a year ago. Diluted earnings per share from continuing operations was USD 0.15 compared to USD 0.84 a year ago.