2020 Bulkers Ltd (OSTO:2020)
kr 124.5 3.1 (2.55%) Market Cap: 2.82 Bil Enterprise Value: 3.83 Bil PE Ratio: 3.10 PB Ratio: 1.69 GF Score: 46/100
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Q2 2023 2020 Bulkers Ltd Earnings Call Transcript

Aug 16, 2023 / 01:00PM GMT
Release Date Price: kr97.2 (-3.76%)
Operator

Welcome to the 2020 Bulkers Q2 conference call. For the first part of this call, all participants are in a listen-only mode. Afterwards, there will be a question-and-answer session. (Operator Instructions)

I'll now hand it over to the Chairman, Magnus Halvorsen.

Magnus Halvorsen
2020 Bulkers Ltd - Chairman

Thank you, operator. And welcome, everyone, to the second quarter 2023 earnings conference call for 2020 Bulkers. As usual, I'm also joined here today by our CFO, Vidar Hasund.

Before we start the presentation, we would like to remind you that we will be discussing matters that are forward-looking in nature. These forward-looking assumptions are based on the company's current views with regards to future events and therefore subject to risks and assumptions, subject to uncertainties. Actual results may differ materially.

And with that, I'll move over to the highlights for the quarter.

2020 Bulkers generated a net profit of $4.8 million in the second quarter, continuing our unbroken track record of profitability since we

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