Genco Shipping & Trading Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
For the nine months, revenue was USD 268.31 million compared to USD 409.96 million a year ago. Net loss was USD 17.81 million compared to net income of USD 129.9 million a year ago. Basic loss per share from continuing operations was USD 0.42 compared to basic earnings per share from continuing operations of USD 3.07 a year ago. Diluted loss per share from continuing operations was USD 0.42 compared to diluted earnings per share from continuing operations of USD 3.03 a year ago.