Norway: Ocean Yield presented increased revenues for Q4 2016
17.02.2017 Norway: Ocean Yield presented increased revenues for Q4 2016Hegnar Online, 17 Feb 2017, online:-
Norwegian investment company Ocean Yield has presented a profit after tax of USD 700,000 (EUR 656,120.48) for Q4 2016, compared to USD 28.3mn for Q4 2015. EBIT amounted to USD 12.7mn, compared to USD 3.9mn. Total revenues increased to USD 82mn, compared to USD 65.6mn in 2015. Dividend was announced to USD 0.1825 per share for Q4 2016. The board expects high possibilities for investments in 2017 due to low orders for new vessels and historically low ship values.
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