GOTHENBURG, Sweden, Aug. 16, 2005 (PRIMEZONE) -- Concordia:
- Profit after tax SEK 27.8 (100.2) million, including sale of ships of SEK 51.5 (44.7) million and exchange rate differences of SEK -46.2 (0) million
- Profit per share after tax: SEK 0.58 (2.10)
- Net sales: SEK 185.3 (269.9) million
- Equity: SEK 1,721 million corresponding to SEK 36.06 per share, an increase of SEK 2.19 per share year end 2004
- Forecast for 2005: SEK 100 million before tax and exchange rate differences, corresponding to SEK 2.10 per share, thus unchanged compared to the previous forecast
- During the second quarter, a five-year time charter agreement has been signed with the American oil company Amerada Hess
Concordia Maritime AB (publ) SE-405 19 GOTHENBURG SWEDEN
Telephone: +46 (0)31-85 50 00 Fax: +46 (0)31-12 53 47 Corporation ID number: 556068-5819 www.concordia-maritime.se
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