TORM Q3 2026 Net Profit More Than Doubles to USD 199 Million
Bitget2026/11/04 07:23- TORM’s third-quarter 2026 net profit more than doubled year over year to USD 199 million.
- Time charter equivalent earnings rose 50% year over year to USD 353 million; the quarterly dividend totaled USD 1.35 per share.
- Following quarter-end, agreements covered eight LR2 newbuildings through a 50/50 joint venture.
- Full-year 2026 guidance increased to USD 1.75–1.9 billion for TCE earnings and USD 1.35–1.5 billion for EBITDA.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Moody’s and Chainlink Complete Cross-Chain Credit Ratings Distribution Pilot

Goldman Sachs predicts Anthropic's annual revenue will soar to $685 billion by 2030, supporting a $1.4 trillion IPO valuation
According to insiders, the Goldman Sachs research team expects that the annual revenue of the AI startup Anthropic will soar to approximately 685 billions USD by 2030, nearly 150 times higher than the forecasted 4.59 billions USD in 2025.
NVIDIA Expands Open Source Commitment with New AI Infrastructure

How does the shift in AI trends impact the forex market?
