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Hunter Group believes in tanker recovery despite Q1 deficit

Hunter Group ended Q1 with a deficit on the bottom line, however, the company still believes in a tanker recovery in the near future.

Photo: Hunter Group

Tanker carrier Hunter Group’s bottom line for the first quarter shows a deficit of USD 0.70m, according to the carrier’s quarterly report.

The tanker company’s revenue totaled USD 7.63m, while earnings before interest, taxes, depreciations and amortizations (EBITDA) landed at USD 4.24m in the first quarter.

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