Report Publication Announcement • Feb 27, 2025
Report Publication Announcement
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Hunter Group ASA - Fourth quarter results 2024
Oslo, 27 February 2025
Please see the enclosed report for further information.
Financial highlights - Q4 2024:
+------------------------------------+--------------+
|Net TC result (loss) | USD (3.62m) |
+------------------------------------+--------------+
|Unrealized TC position result (loss)| USD (7.54m) |
+------------------------------------+--------------+
|Total operating expenses | USD 0.(36m) |
+------------------------------------+--------------+
|Adj. net profit (loss)* | USD (3.87m) |
+------------------------------------+--------------+
| | |
+------------------------------------+--------------+
|Avg. spot-linked TC-out rate | USD 32,050/d |
+------------------------------------+--------------+
|Avg. fixed TC-in rate | USD 51,750/d |
+------------------------------------+--------------+
|Avg. TC-margin (loss) |USD (19,700)/d|
+------------------------------------+--------------+
|Vessel days | 184 / 184 |
+------------------------------------+--------------+
| | |
+------------------------------------+--------------+
|Cash and working capital | USD 12.49m |
+------------------------------------+--------------+
*Excluding unrealized non-cash TC position result (loss)
Contact:
Erik A.S. Frydendal, CEO, ef (a) huntergroup.no, Ph.: +47 957 72 947
Lars M. Brynildsrud, CFO, lb (a) huntergroup.no, Ph.: +47 932 60 882
This information is subject to disclosure requirements pursuant to section 5-12
of the Norwegian Securities Trading Act.
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