Seanergy Maritime Holdings expands fleet replacement with $61.9 million net profit over 9 months
SHIP Seanergy Maritime Holdings Corp
$15.58 +1.04%
View chart & analysis → - 1Seanergy achieved peak profitability with a net profit of $61.9 million in the first 9 months.
- 2The third quarter saw a 46% year-over-year increase in fleet time-charter equivalent basis revenue.
- 3The board decided to increase the quarterly cash dividend by 14% to $0.40 per share.
So what's the key point?
Seanergy Maritime Holdings achieved record performance by earning $61.9 million in profit over 9 months. As revenue increased, the company also raised the dividend paid to shareholders by 14 percent.
Source The Motley Fool +1 · View original ↗
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