Scorpio Tankers(US:STNG) Xin Lang Cai Jing·2025-08-04 10:26Core Viewpoint - Scorpio Tankers reported a significant decline in net profit for Q2 2025, reflecting the impact of geopolitical uncertainties on the shipping industry, while maintaining a cautious outlook and announcing a quarterly dividend [1][3]. Financial Performance - For Q2 2025, Scorpio Tankers achieved revenue of $230.2 million, a year-over-year decrease of 39.5% but a quarter-over-quarter increase of 7.6% [3][4]. - Operating profit for the same period was $79.1 million, down 68.8% year-over-year, while adjusted EBITDA was $144.5 million, reflecting a 48.0% decline [3][4]. - Net profit reached $73.5 million, a decrease of 67.7% year-over-year but an increase of 26.3% from the previous quarter [3][4]. Fleet Performance - The average daily Time Charter Equivalent (TCE) for the fleet in Q2 2025 was $25,569, down 34.1% year-over-year but up 6.7% quarter-over-quarter [3][5]. - The daily TCE for the LR2 fleet was $32,674, down 30.7% year-over-year; for the MR fleet, it was $20,681, down 41.9%; and for the Handymax fleet, it was $22,595, down 19.3% [3][5]. Dividend and Shareholding - The board announced a quarterly cash dividend of $0.40 per share [1]. - In Q2 2025, Scorpio Tankers sold 2.745 million shares of DHT at an average price of $12.07 per share, realizing part of the gains, and currently holds approximately 8.832 million shares of DHT, representing about 5.5% of the issued common stock [8]. Future Outlook - For Q3 2025, Scorpio Tankers anticipates the spot market day rates for the LR2 fleet to reach $31,000, with 47% of operational day income locked in; for the MR fleet, the expected rate is $22,000 with 45% locked in; and for the Handymax fleet, $19,000 with 33% locked in [8].