LIMASSOL, Cyprus (AP) — LIMASSOL, Cyprus (AP) — Frontline plc (FRO) on Friday reported net income of $66.7 million in its fourth quarter.
The Limassol, Cyprus-based company said it had net income of 30 cents per share. Earnings, adjusted for non-recurring gains, were 20 cents per share.
The shipping company posted revenue of $443.5 million in the period. Its adjusted revenue was $270 million.
For the year, the company reported profit of $495.6 million, or $2.23 per share. Revenue was reported as $1.39 billion.
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