TORM Plc Q4 Income Drops

TORM plc (TRMD) released a profit for fourth quarter that decreased from the same period last year

The company's bottom line came in at $77.4 million, or $0.75 per share. This compares with $184.6 million, or $2.75 per share, last year.

The company's revenue for the period fell 21.2% to $305.4 million from $387.8 million last year.

TORM plc earnings at a glance (GAAP) :

-Earnings: $77.4 Mln. vs. $184.6 Mln. last year.
-EPS: $0.75 vs. $2.75 last year.
-Revenue: $305.4 Mln vs. $387.8 Mln last year.

by RTTNews Staff Writer

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