Workflow
DHT(DHT) - 2025 Q2 - Earnings Call Presentation
DHTDHT(US:DHT)2025-08-07 12:00

Financial Performance - Q2 2025 revenues on a TCE basis were $92819 thousand[4] - Q2 2025 net income after tax was $56032 thousand[4] - Q2 2025 EPS was $035[4] - Q2 2025 average TCE was $46300 per day for the fleet[5] - Total liquidity as of June 30 2025 was $299 million[8] Balance Sheet - As of June 30 2025 cash was $82660 thousand[6] - As of June 30 2025 total assets were $1430405 thousand[6] - As of June 30 2025 equity was $1088938 thousand[7] - Interest bearing debt to total assets was 141%[9] - Net debt per vessel as of June 30 2025 was $100 million[10] Capital Allocation - A cash dividend of $024 per share was declared[17] - Cash dividend since dividend policy update from Q3 2022 is $275 per share[20] Q3 2025 Outlook - Average term time-charter rate is estimated at $40500 per day[21] - Average spot rate booked to date is $38500 per day with 73% of total spot days booked[21]