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earnings
Format: PDF earnings
Hafnia Limited reported Q1 2023 net profit of USD 256.6 million, the company's best Q1 result to date, driven by strong product tanker market rates and a modern fleet of 124 vessels. The company announced a 60% dividend payout ratio of USD 154.0 million and maintained strategic fleet renewal through new LNG dual-fuel newbuilds and vessel acquisitions. With NAV of approximately USD 3.4 billion and positive market conditions expected through 2023, Hafnia anticipates continued strong utilization and shareholder returns.
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