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BRIEF-Pacific Basin Shipping Says Declared An Interim Basic Dividend Of HK35 Cents Per Share

BRIEF-Pacific Basin Shipping Says Declared An Interim Basic Dividend Of HK35 Cents Per Share

Reuters · 07/28/2022 04:36
BRIEF-Pacific Basin Shipping Says Declared An Interim Basic Dividend Of HK35 Cents Per Share

- Pacific Basin Shipping Ltd PCFBF:

  • HY PROFIT ATTRIBUTABLE $465.1 MILLION VERSUS $160.1 MILLION

  • DECLARED AN INTERIM BASIC DIVIDEND OF HK35 CENTS PER SHARE

  • DECLARED SPECIAL DIVIDEND OF HK17 CENTS PER SHARE

  • EXPECT OUR VESSEL PURCHASING ACTIVITY TO BE LESS THAN LAST YEAR

  • HY REVENUE $1,722.8 MILLION VERSUS $1,142.0 MILLION

  • EXPECT DRY BULK DEMAND TO MODERATE IN THE SECOND HALF OF 2022

  • SEES UNCERTAINTY OVER NEW ENVIRONMENTAL REGULATIONS, HIGH COST OF NEWBUILDINGS DISCOURAGING ANY SIGNIFICANT NEW SHIP ORDERING

Further company coverage: PCFBF


((Reuters.Briefs@thomsonreuters.com;))