Jinhui Shipping and Transportation Ltd (LTS:0JOD)
kr 7.45 0 (0%) Market Cap: 710.18 Mil Enterprise Value: 1.49 Bil PE Ratio: 0 PB Ratio: 0.18 GF Score: 73/100

Q3 2019 Jinhui Shipping and Transportation Ltd Earnings Call Transcript

Nov 29, 2019 / 08:00AM GMT
Release Date Price: kr7.21
Wei Man Ching
Jinhui Shipping and Transportation Limited - VP

Ladies and gentlemen, this is Raymond Ching from Jinhui Shipping speaking. Thank you for dialing in to the conference. Good morning to those in Europe and good afternoon to those in Asia. I believe you all have a copy of the presentation as well as the results announcement, so I shall go ahead and begin.

Can all of you hear me? Just to ensure that the conference is -- the number is working. Everybody hear me? Hello?

Unidentified Company Representative

I hear you.

Wei Man Ching
Jinhui Shipping and Transportation Limited - VP

Okay. Thank you. If we go through the presentation, just to go through the highlights for Q3 2019. Revenue for the quarter is USD 17 million. We have recorded a net loss for the quarter, USD 2 million. This is due to a mark-to-market loss on the financial portfolio. EBITDA of USD 2.9 million. So loss per share for Q3, USD 0.018. Gearing ratio as of 30th of September 2019 stands at 7%.

On the next slide is the financial

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