Avance Gas Holding Ltd: First Quarter 2025 Earnings Release

HIGHLIGHTS Net profit of $42.6 million and earnings per share of $0.56 for the first quarter 2025, compared to net income of $210.2 million and earnings per share of $2.74 for the fourth quarter 2024. On February 28, 2025, the sale of the four Mid-Sized Gas Carriers (“MGCs”) newbuilding contracts to subsidiaries of Exmar LPG B.V. (“Exmar”) was successfully completed. Avance Gas received reimbursement of $62.1 million of yard instalments paid by Avance Gas to the yard. The Company recorded...

Oslo, 25/04/2025 (informazione.news - comunicati stampa - trasporti)

HIGHLIGHTS

Due to limited activity as explained above, a presentation or webcast will not be held for the first quarter 2025. Press releases will be issued as needed regarding the resolutions from the Special General Meeting and the delisting process. 

For further queries, please contact: 
Investor and Analyst contact:
Randi Navdal Bekkelund, CFO 

Tel: +47 23 11 40 00

Email: ir@avancegas.com

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

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