HAMILTON HM 08, Bermuda (AP) — Golden Ocean Group Ltd. (GOGL) on Wednesday reported profit of $39 million in its fourth quarter.
On a per-share basis, the Hamilton Hm 08, Bermuda-based company said it had net income of 20 cents. Earnings, adjusted for non-recurring gains, came to 6 cents per share.
The shipping company posted revenue of $211 million in the period. Its adjusted revenue was $174.9 million.
For the year, the company reported profit of $223.2 million, or $1.12 per share. Revenue was reported as $775.5 million.
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