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TANK - Frontline (FRO) Q4/09 Report / Dividend $0.25


26409 fcras 26/2 2010 09:39
Oversigt



Press release from Frontline Ltd. 26.02.2010


Highlights

·Frontline reports net income attributable to the Company of $3.9 million and earnings per share of $0.05 for the fourth quarter of 2009.

·Frontline reports net income attributable to the Company of $102.7 million and earnings per share of $1.32 for the year ended December 31, 2009.

·Frontline announces a cash dividend of $0.25 per share for the fourth quarter of 2009.

·Frontline has paid cash dividends of $70.1 million or $0.90 per share in 2009.

·The first Suezmax newbuilding from Rongsheng, Northia, was delivered on January 5, 2010.

·Four out of the five Suezmax tankers chartered in from Eiger were redelivered during the fourth quarter. The last vessel will be redelivered end February 2010.

Hele Rapporten:

http://hugin.info/182/R/1388900/347150.pdf


http://frontline.bm/IR/press_releases/1388900.shtml
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Foto:Suezmax "Front Pride" 1993 - 149.686 dwt.

FRO.OL




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