Genco Shipping & Trading Limited Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023
For the full year, revenue was USD 383.83 million compared to USD 536.93 million a year ago. Net loss was USD 12.87 million compared to net income of USD 158.58 million a year ago. Basic loss per share from continuing operations was USD 0.3 compared to basic earnings per share from continuing operations of USD 3.74 a year ago. Diluted loss per share from continuing operations was USD 0.3 compared to diluted earnings per share from continuing operations of USD 3.7 a year ago.