Announced earlier today (05/11)
- Rev of $390.2M vs $209.4M in Q1 2022
- Net income of $153.8M vs $13M in Q1 2022
- Fleet-wide TCE of $41,717 daily
- Declared div of $1.46/sh
- Added 7 LR1s to fleet in Q1
Torm Interim results for the first quarter 2023 (q4cdn.com)
TRMD share price took a small hit in trading today. Not sure if that is due to the sequential drop in div payout (Q4 2022 was $2.59/sh) or the Q2 outlook. But, the fleet additions could work well in the short and medium terms. Added to my TRMD stake based on that data-point