Grindrod Shipping Holdings Ltd. 2019 Second Half and Full Year Financial Results
Grindrod Shipping Holdings Ltd. - Ordinary Shares (GRIN)
Company Research
Source: GlobeNewswire
SINGAPORE, Feb. 25, 2020 (GLOBE NEWSWIRE) -- Grindrod Shipping Holdings Ltd. (NASDAQ: GRIN) (JSE: GSH) (“Grindrod Shipping” or "Company" or “we” or “us”), a global provider of maritime transportation services in the drybulk and product tanker sectors, today announced its second half and full year 2019 earnings results for the period ended December 31, 2019. Financial Highlights for the Second Half of the Year Ended December 31, 2019(1) Revenue of $163.8 million.Gross profit of $14.6 million.Adjusted EBITDA of $25.0 million(2).Loss for the period of $16.4 million or $0.86 per ordinary share.Loss impacted by $10.1 million of non-cash impairment charges.Handysize and supramax/ultramax TCE per day of $8,551 and $13,624, respectively, outperformed the Baltic Handysize TC Index (“BHSI”) and Baltic Supramax-58 TC Index (“BSI-58”) benchmarks by approximately 8.4% and 22.9%, respectively, in the second half of 2019(2)(3).Medium range (“MR”) product tanker TCE per day of $14,409 underperfor
Show less
Read more
Impact Snapshot
Event Time:
GRIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GRIN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GRIN alerts
High impacting Grindrod Shipping Holdings Ltd. - Ordinary Shares news events
Weekly update
A roundup of the hottest topics
GRIN
News
- Grindrod Shipping: Still Not My Favorite Dry Bulk Stock [Seeking Alpha]Seeking Alpha
- Grindrod Shipping: Minority Shareholder Buyout Proposal Might Not Pass [Seeking Alpha]Seeking Alpha
- XXII, GRIN and XTIA are among mid-day movers [Seeking Alpha]Seeking Alpha
- Biggest stock mover today: Grindrod Shipping Holdings [Seeking Alpha]Seeking Alpha
- Grindrod Shipping Holdings Ltd. Announces Proposed Selective Capital Reduction [Yahoo! Finance]Yahoo! Finance
GRIN
Analyst Actions
- 3/1/24 - TheStreet
GRIN
Sec Filings
- 4/26/24 - Form 6-K
- 4/25/24 - Form 6-K
- 4/8/24 - Form SC
- GRIN's page on the SEC website