Epic Gas weighed down by fleet refinancing

Despite increasing revenue, "extraordinary costs" connected to the refinancing of the fleet pulled down the bottom line at Epic Gas during the third quarter.

Photo: PR Epic Gas

Extraordinary costs pulled Epic Gas, which has BW group as a major investor, into the red in the third quarter - though the company was also able to report an increase in revenue.

The company says in its financial report, published Thursday, that a refinancing of the fleet resulted in "extraordinary costs" of USD 3.2 million.

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