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Performance Shipping Inc. Reports First Quarter Net Loss of 0.2 million

13 Μαΐου 2019.

performanceship3Performance Shipping Inc., a global shipping company specializing in the ownership of containerships, reported a net loss of $0.2 million for the first quarter of 2019, compared to a net loss of $3.9 million for the same period of 2018.

Time charter revenues were $5.5 million for the first quarter of 2019, compared to $8.0 million for the same period of 2018. This decrease was primarily due to the decrease in size of the Company’s fleet, and was partially offset by the increased time charter rates achieved as a result of improved market conditions.

As of May 9, 2019, the Company had 26,753,851 shares of common stock issued and outstanding. 

Full report: Performance Shipping Inc.

 

 

 

 

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