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.
Total revenue for Q2 2025 reached $105.2 million, a substantial increase from the previous year.
Net income for the quarter was $58.3 million, demonstrating strong profitability.
The company reported an EPS of $0.35, reflecting solid earnings per share.
VLCC spot rates averaged $55,000 per day, indicating a strong market for their primary vessel type.
DHT Holdings anticipates continued strong market conditions for VLCCs in the upcoming quarter, driven by steady oil demand and favorable supply-demand dynamics. The company expects to maintain its disciplined capital allocation strategy.