PSL: Expect Core Earnings to Hit Another Decade High in 3Q21
We expect PSL to report 3Q21 core profit at Bt1,225m (+57%QoQ, recovery from a loss in 3Q20), the highest level in more than decade.
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Earnings Review: Precious Shipping Plc.
PSL’s earnings in 2Q21 were in line with our expectation thanks to the resumption of the TC rate, and we anticipate further improvement in 3Q21E
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PSL: Expect Core Earnings to Hit Another Decade High in 2Q21
We expect PSL to report 2Q21 core profit at Bt598m (+60%QoQ, recovery from a loss in 2Q20), the highest level in more than decade.
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PSL: Anticipate Demand for Seaborne Trade to Slow Down in 2Q21
We downgrade PSL with SELL rating as we expect dry bulk freight rates to drop in mid 2Q21 from a high base reported in 1Q21 while anticipating the...
372 Views
PSL: Positive Outlook for Dry Bulk Carrier Market in 2021-22E
We expect the PSL’s earnings to turn positive in 4Q20 as TC rate is recovering back to above breakeven level owing to strong demand recovery after...
361 Views