In contrast, it paid a total of 32 cents for FY2022, when the company enjoyed extraordinary profit on the post-pandemic spike in shipping rates and demand.
Samudera Shipping Line has reported earnings of US$101.2 million, down 68.6% y-o-y for FY2023, on the back of a 41.2% drop in revenue to US$582.9 million.
In line with the lower bottom line, Samudera plans to pay a combined final and special dividend of 9 cents, which will bring the total FY2023 payout to 11 cents.
