May 21, 2021 / 08:00AM GMT
Wei Man Ching - Jinhui Shipping and Transportation Limited - VP
Good afternoon, ladies and gentlemen. Good afternoon, and good morning to those in Europe. This is Raymond Ching from Jinhui Shipping and Transportation Limited. Thank you for attending the Q1 2021 results presentation. I believe that you all have a quick look at the results as well also as have a copy of the presentation. If you don't, it's on the screen right now. So I shall begin.
To go through the highlights. For the Q1 2021, we have recorded a revenue for the quarter, USD 16 million. We are delighted to report a profit. Net profit for the quarter is at USD 5 million. The earnings before interest, tax, depreciation and amortization, EBITDA is at USD 9 million. The basic earnings per share is at USD 0.048 per share. And the gearing ratio as at March 2021 is at 12%.
The consolidated net profit of USD 5 million for the current quarter is mainly due to an increase in 76% of chartering revenue due to the rebound of the market drive bulk freight rates as compared to the last corresponding quarter. Now of course, we can't
Q1 2021 Jinhui Shipping and Transportation Ltd Earnings Call Transcript
Mar 05, 2024
Already have an account? Log in
Get the full story
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent 
4.6 out of 5 
Trustpilot
Trustpilot
Survey
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
Follow Us
Disclaimers