d'Amico International Shipping SA (OTCPK:DMCOF)
$ 4.17 0.1 (2.46%) Market Cap: 491.07 Mil Enterprise Value: 569.42 Mil PE Ratio: 2.52 PB Ratio: 0.71 GF Score: 74/100
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Q3 2019 d'Amico International Shipping SA Earnings Call Transcript

Nov 13, 2019 / 01:00PM GMT
Release Date Price: $4.64
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the d'Amico Q3 and 9 Months 2019 Results Conference Call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Paolo d'Amico, Chief Executive Officer. Please go ahead, sir.

Paolo d;Amico;Amico International Shipping S.A.;Executive Chairman;CEO
d

' - '-&

Hello. Good afternoon. Let's go through the executive summary of the first 9 months of the year.

Being 9 months, we already know 6 months of it, but with us rapidly through the whole thing.

As you know, in March, the DIS shareholder extraordinary general meeting authorized the Board for an increase of its share capital with an issuance of new shares. Now this increase of capital has been 97.3% placed from the total number of rights were exercised, and the remaining part was placed on our private placement.

The net result, and this is the new data, DIS posted a net loss of $32.5

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