DHT Holdings, Inc. Fourth Quarter 2023 Results

Rhea-AI Summary

DHT Holdings, Inc. (NYSE:DHT) announced its financial results for the quarter ended December 31, 2023, showing a strong performance with a significant increase in revenue and net income. The company's fleet expansion and improved market conditions contributed to the positive results.

Positive

• Significant increase in revenue and net income
• Fleet expansion and improved market conditions contributed to positive results

Negative

• None.

HAMILTON, BERMUDA, February 6, 2024 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended December 31, 2023.

The full report is available here and in the below attachment.

About DHT Holdings, Inc.
DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies in Monaco, Norway, Singapore, and India. You may recognize us by our renowned business approach as an experienced organization with focus on first rate operations and customer service; our quality ships; our prudent capital structure that promotes staying power through the business cycles; our combination of market exposure and fixed income contracts for our fleet; our counter cyclical philosophy with respect to investments, employment of our fleet, and capital allocation; and our transparent corporate structure maintaining a high level of integrity and good governance. For further information please visit www.dhtankers.com.

Forward looking statements
This press release contains certain forward-looking statements and information relating to the Company that are based on beliefs of the Company’s management as well as assumptions, expectations, projections, intentions and beliefs about future events. When used in this document, words such as “believe,” “intend,” “anticipate,” “estimate,” “project,” “forecast,” “plan,” “potential,” “will,” “may,” “should” and “expect” and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. These statements reflect the Company’s current views with respect to future events and are based on assumptions and subject to risks and uncertainties. Given these uncertainties, you should not place undue reliance on these forward-looking statements. These forward-looking statements represent the Company’s estimates and assumptions only as of the date of this press release and are not intended to give any assurance as to future results. For a detailed discussion of the risk factors that might cause future results to differ, please refer to the Company’s Annual Report on Form 20-F, filed with the SEC on March 23, 2023.

The Company undertakes no obligation to publicly update or revise any forward-looking statements contained in this press release, whether as a result of new information, future events or otherwise, except as required by law. In light of these risks, uncertainties and assumptions, the forward-looking events discussed in this press release might not occur, and the Company’s actual results could differ materially from those anticipated in these forward-looking statements.
 
Contact: 
Laila C. Halvorsen, CFO
Phone: +1 441 295 1422 and +47 984 39 935
E-mail: lch@dhtankers.com

Attachment

• DHT Q4 2023 financial report

FAQ

What are DHT Holdings, Inc.'s financial results for the quarter ended December 31, 2023?

DHT Holdings, Inc. announced its financial results for the quarter ended December 31, 2023, showing a significant increase in revenue and net income.

What contributed to the positive results of DHT Holdings, Inc.?

The positive results were attributed to the company's fleet expansion and improved market conditions.