Top Ships opens sails to megayachts with profits

0
25

In April the company received the megayacht “Para Bellvm” (500 gross tonnage, built in 2023) worth 20 million dollars, while it also acquired a new 1,150 gross tonnage megayacht, under construction and with delivery in 2027. The “Para Bellvm” contributed revenues of 600,000 dollars in the first semester.

In total the shipping company listed on the New York stock exchange announced net profits of 7.6 million dollars for the first semester, compared to 1.9 million dollars in the corresponding period of the previous year.

Revenues increased to 43.8 million dollars from 42 million dollars, in the corresponding period last year.

“We intend to continue examining the market, in order to identify potential acquisition targets with added value,” the company stated.