SFL Corporation Ltd. Reports Q1 2025 Net Loss of $31.9 Million, Declares $0.27 Dividend Per Share, and Conducts $10 Million Share Buyback
SFL Corporation Ltd. announced its preliminary financial results for the first quarter of 2025, reporting a net loss of $31.9 million, driven by impairments related to older dry bulk vessels. The company declared an 85th consecutive quarterly cash dividend of $0.27 per share. The charter hire income totaled $193.5 million, including a $1.5 million profit share. The adjusted EBITDA from consolidated subsidiaries was $108.0 million, with an additional $7.7 million from associated companies. SFL continued its fleet renewal strategy by selling older dry bulk vessels and containerships and executed a $10 million share buyback at an average price of $7.98 per share. The quarterly dividend is scheduled for payment on or around June 27, 2025, with a record date of June 12, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SFL Corporation Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001096558-en) on May 14, 2025, and is solely responsible for the information contained therein.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。