Frontline (FRO) Misses Q1 EPS by 8c, Revenues Beat
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FRO – Q1 2023 Presentation
May 31, 2023 8:49 AM EDTPlease find enclosed the presentation of Frontline plc´s first quarter 2023 results to be held on the webcast / conference call 31 May, 2023 at 15:00 CET.
This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.
Attachment
Presentation Q1 2023 Source: Frontline plc.... MoreFRO – First Quarter 2023 Results
May 31, 2023 1:30 AM EDTFRONTLINE PLC REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCHÂ 31, 2023
Frontline plc (the Company or Frontline), today reported unaudited results for the three months ended March 31, 2023:
Highlights
Highest first quarter profit since 2008 of $199.6 million, or $0.90 per basic and diluted share for the first quarter of 2023.Adjusted profit of $193.3 million, or $0.87 per basic and diluted share for the first quarter of 2023.Declared a cash dividend of $0.70 per share for the first quarter of 2023.Reported revenues of $497.3 million for the first quarter of... More