Earnings Summary

Hafnia Ltd’s revenue jumped 19.36% since last year same period to $836.68Mn in the Q2 2024. On a quarterly growth basis, Hafnia Ltd has generated 9.65% jump in its revenue since last 3-months.

Hafnia Ltd’s net profit jumped 21.54% since last year same period to $259.2Mn in the Q2 2024. On a quarterly growth basis, Hafnia Ltd has generated 21.43% jump in its net profits since last 3-months.

Hafnia Ltd’s net profit margin jumped 1.82% since last year same period to 30.98% in the Q2 2024. On a quarterly growth basis, Hafnia Ltd has generated 10.74% jump in its net profit margins since last 3-months.

Hafnia Ltd’s earning per share (EPS) jumped 19.8% since last year same period to 0.5 in the Q2 2024. This indicates that the Hafnia Ltd has generated 19.8% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Hafnia Ltd’s return on assets (ROA) stands at 0.13.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Hafnia Ltd’s return on equity (ROE) stands at 0.37.

Hafnia Ltd declared 0.34 dividend per share during the earnings announcement for Q2 2024.