DHT Holdings delivered a robust performance in Q2 2025, with significant increases in revenue and net income. The company's strategic focus on VLCC operations and a balanced fleet employment strategy contributed to strong financial results, supported by healthy spot market rates.
DHT Holdings, Inc. announced its first quarter 2025 results, reporting a net profit of $44.1 million, or $0.27 per basic share. Shipping revenues for the quarter were $118.2 million, a decrease from $145.9 million in Q1 2024. The company achieved average combined time charter equivalent earnings of $38,200 per day.
DHT Holdings, Inc. announced a net profit of $54.7 million for the fourth quarter of 2024, a substantial increase from $35.3 million in the same period last year. The company achieved average combined time charter equivalent earnings of $38,800 per day and strategically sold a VLCC, expecting a significant gain in the next quarter. Share repurchases and consistent dividend payments underscore a strong financial position.