Euroholdings Q2 FY26 net income more than quadruples to USD 4.3 million; net revenue rises 195% to USD 8.6 million

Reuters2026/08/12 12:45

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Euroholdings posted Q2 net income of $4.3 million, up from $822,538 a year earlier; earnings per share rose to $1.52.
Net revenues more than doubled to $8.6 million, up 195% year over year; adjusted EBITDA (non-GAAP) climbed to $5 million.
Average time charter equivalent rate increased 69.6% to $28,039 per day, reflecting stronger charter rates and a larger operating fleet.
Quarterly dividend of $0.14 per share was declared, payable on or about Sept. 16 to shareholders of record Sept. 9.
MR product tanker acquisition delivery was pushed to September; financing includes a $10 million loan collateralized by two containerships.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Euroholdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608120845PRIMZONEFULLFEED9808624) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Euroholdings Q2 FY26 net income more than quadruples to USD 4.3 million; net revenue rises 195% to USD 8.6 million

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