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Day: August 30, 2024

FRO – Second Quarter and Six Months 2024 Results

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

   FRONTLINE PLC REPORTS RESULTS FOR THE SECOND QUARTER ENDED JUNE 30, 2024 Frontline plc (the “Company” or “Frontline”), today reported unaudited results for the six months ended June 30, 2024:    HighlightsProfit of $187.6 million, or $0.84 per share for the second quarter of 2024. Adjusted profit of $138.2 million, or $0.62 per share for the second quarter of 2024. Declared a cash dividend of $0.62 per share for the second quarter of 2024. Reported revenues of $556.0 million for the second quarter of 2024. Achieved average daily spot time charter equivalent earnings (“TCEs”)1 for VLCCs, Suezmax tankers and LR2/Aframax tankers in the second quarter of $49,600, $45,600 and $53,100 per day, respectively. Entered into an agreement to sell its oldest Suezmax tanker built in 2010, for a net sales price of $48.5 million. After...

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BW Offshore: Second Quarter and First Half Results 2024

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

Second Quarter and First Half Results 2024 HIGHLIGHTSEBITDA USD 77 million in Q2 and USD 163 million for the first half-year Net profit USD 29 million in Q2 and USD 66 million for the first half-year Operating cashflow USD 107 million in Q2 and USD 198 million for the first half-year Equity ratio 30.4% and USD 728 million in available liquidity Q2 cash dividend USD 0.0625 per share equivalent to USD 11 million Barossa FPSO project 86% complete at end-July 2024 Completion of FEED work on the Sakarya project Full-year 2024 EBITDA expectation raised to USD 305-315 millionBW Offshore continues to progress the Barossa project according to schedule. As of end July 2024, the project was 86% completed. All 16 top-side modules have been lifted onto the FPSO, representing an important project milestone. Integration work is well underway and...

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Ackermans & van Haaren: Outstanding results in core participations result in a strong increase of AvH’s net profit for 1H2024 to EUR 200 million (+17%)

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

Dear shareholder, Dear Madam, Dear Sir,Please find attached our Half-Year Report 2024.Best regards Ackermans & van HaarenAttachmentAckermans & van Haaren – Half Year Report 2024 – Strong increase of net profit to EUR 200 million (+17%)

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FISCAL Q1 2024-25 LEXIBOOK REVENUES: + 4.14% DESPITE LOWER TOY SALES IN EUROPE IN A SLUGGISH CONSUMER ENVIRONMENT, THANKS TO SALES GROWTH IN FRANCE AND INTERNATIONALLY (OUTSIDE EUROPE).

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

Les Ulis, August 30, 2024 at 7:00 a.m. FISCAL Q1 2024-25 LEXIBOOK REVENUES: + 4.14% DESPITE LOWER TOY SALES IN EUROPE IN A SLUGGISH CONSUMER ENVIRONMENT, THANKS TO SALES GROWTH IN FRANCE AND INTERNATIONALLY (OUTSIDE EUROPE).Sales growth for fiscal Q1 2024-25 was a slight +4.14% compared with Q1 N-1, which was up +1.14%. The climate of geopolitical uncertainty, particularly in Europe, and the decline in customer purchasing power are weighing on consumption. The 17% fall in sales in Europe (excluding France) was offset by sales growth in France, North and South America, Asia and the Middle East thanks to targeted marketing investments. The fall in toy sales (-17%) in a difficult market was offset by growth in sales of electronic products for children, notably audio products, watches and cameras. Licenses continue to perform well. Tensions...

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RomReal: Second quarter (q2) 2024 Results and Investor Presentation

Written by Customer Service on . Posted in Earnings Releases And Operating Results.

RomReal hereby announces the results of the second quarter 2024 via the Report and an Investor presentation attached to this message. For further information, pls contact investors@romreal.comThis information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading ActAttachmentsRomReal Q2 2024 PresentationRomReal Q2 2024 Report

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Net asset value of the EfTEN United Property Fund as of 31.07.2024

Written by Customer Service on . Posted in Public Companies.

The net asset value (NAV) of EfTEN United Property Fund unit was 10.65 euros at the end of July, increasing by 0.2% over the month. If the fund’s investment in the EfTEN Real Estate Fund AS shares is reflected on the basis of its net value, the NAV of EfTEN United Property Fund would be 10.75 euros, increasing by 0,4%. In the fund’s development investment of Uus-Järveküla residential area, a construction contract for the third stage development was signed, which includes the construction of 17 terraced houses. The construction works of the third stage are planned to be completed in the summer of 2025, and the construction price will be approximately 1,500 euros (excl VAT) per sellable square meter. At the completion of the third stage, more than 80% of the final development volume of the entire residential area of ​​Uus-Järveküla...

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HUTCHMED Provides Update on Fruquintinib for Second-Line Gastric Cancer in China

Written by Customer Service on . Posted in Public Companies.

HONG KONG and SHANGHAI and FLORHAM PARK, N.J., Aug. 30, 2024 (GLOBE NEWSWIRE) — HUTCHMED (China) Limited (“HUTCHMED”) (Nasdaq/AIM:​HCM; HKEX:​13) today announces that it has voluntarily withdrawn its supplemental New Drug Application (“NDA”) in China for fruquintinib in combination with paclitaxel for the treatment of second-line advanced gastric or gastroesophageal junction adenocarcinoma and will evaluate a new route forward. Following an additional internal review of the current data package, in light of recent discussions with the National Medical Products Administration of China (“NMPA”), HUTCHMED has determined that the submission is unlikely to support an approval in China at this time. This supplemental NDA for fruquintinib was based on data from the Phase III FRUTIGA study, which was declared positive due to a statistically...

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