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Samudera Shipping Line reports 2HFY2022 earnings of US$150.3 mil, 63.6% higher y-o-y

Felicia Tan
Felicia Tan • 2 min read
Samudera Shipping Line reports 2HFY2022 earnings of US$150.3 mil, 63.6% higher y-o-y
A special dividend of 24.25 cents and a proposed final dividend of 0.75 cents has been proposed for the period. Photo: Samudera
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Samudera Shipping Line (SGX:S56) has reported earnings of US$150.3 million ($202.7 million) for the 2HFY2022 ended Dec 31, 2022, 63.6% higher than earnings of US$91.8 million in the same period the year before.

This brings the group’s FY2022 earnings to US$322.0 million, 150.5% higher y-o-y, and a record for the group.

Revenue for the FY2022 surged by 88.0% y-o-y to US$990.6 million as revenue grew across all segments due to improvements in utilisations and rates. 2HFY2022 revenue grew by 61.8% y-o-y to US$514.4 million.

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