PAO Sovcomflot (SCF Group) Q1 2020 Results

SCF Group’s President & CEO Igor Tonkovidov

PAO Sovcomflot (SCF Group) Q1 2020 Results

PAO Sovcomflot (SCF Group), a global leader in energy shipping and servicing offshore oil and gas production, today reported its results for the first quarter (Q1) ended 31 March 2020.

Financial highlights for Q1 2020

USD millionsQ1 2020Q1 2019%
Gross revenue (Freight and hire)493.3410.7+20.1
Time charter equivalent (TCE) revenue389.5311.3+25.1
EBITDA*287.5206.8+39.0
Net profit116.170.1+6...

https://www.allaboutshipping.co.uk/2020/05/14/pao-sovcomflot-scf-group-q1-2020-results/

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