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Toro Corp posted modest profitability in Q3 2025, with stable operations, a higher TCE rate, and a leaner fleet structure contributing to improved performance.
Toro Corp. posted a solid quarter with positive net income and improved EPS, driven by disciplined fleet management and a strong cash position, despite a year-over-year revenue decline.
Toro Corp. posted a net income of $1.6 million for Q1 2025, with vessel revenues declining due to lower Handysize tanker rates. The company strengthened its liquidity with significant loan repayments from Castor Maritime and maintained solid operating performance.