$5 And Under
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Frontline Q4 Net Loss Widens - Quick Facts

RELATED NEWS
Trade FRO now with 
2/17/2012 2:30 AM ET

Frontline Ltd. (FRO: Quote,FRO.L) reported a significantly wider fourth-quarter net loss attributable to the company of $343.67 million or $4.41 per basic share versus year-ago quarter's $11.84 million or $0.15 per basic share loss.

Excluding losses and gains on sale of assets, amortization of deferred gains and vessel impairment loss, net loss attributable to Frontline Ltd. amounted to $30.8 million in the fourth quarter of 2011, the company said.

Total operating revenues dropped to $181.98 million from $226.16 million in the comparable period a year early. In addition, the board has decided not to declare a dividend for the 2011 fourth quarter.

Click here to receive FREE breaking news email alerts for Frontline Ltd. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

comments powered by Disqus