# DHT report Q1 2025

**URL:** <https://discussion.fool.com/t/dht-report-q1-2025/118146>\
**Category:** Shipping News\
**Created:** [May 11, 2025, 2:13am UTC](https://discussion.fool.com/t/dht-report-q1-2025/118146 "2025-05-11T02:13:08Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![HohumYNWA](https://sea2.discourse-cdn.com/motleyfoolfree/user_avatar/discussion.fool.com/hohumynwa/32/1511_2.png) [@HohumYNWA](https://discussion.fool.com/u/HohumYNWA)\
**Post date:** [May 11, 2025, 2:13am UTC](https://discussion.fool.com/t/dht-report-q1-2025/118146/1 "2025-05-11T02:13:08Z")

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On 05/07, DHT announced Q1 2025 results

- TCE revenue of $79.3M

- Adjusted EBITDA of $56.4M

- Net Income of $44.1M

- Fleet avg $38,200 daily  
[https://static.seekingalpha.com/uploads/sa\_presentations/181/110181/original.pdf](https://static.seekingalpha.com/uploads/sa_presentations/181/110181/original.pdf)

- The vessel sale in Jan 2025 makes sense - older vessel. It was time for DHT to move on

- The TC on a non-modern vessel @ $40K daily - good

- The TC on a modern vessel @ $52K daily - very good  
Subsequent events:

- 7-year TC @ $41K + profit-share - very good

- Sale of two 2011-built vessels - as commented before - not impressed

Debt at a manageable level. Dividend okay.