Cmb.tech announces final year results

Cmb.tech announces final year results transformational year and strong earnings antwerp, belgium, 27 march 2025 – cmb.tech nv (“cmbt”, “cmb.tech” or “the company”) (nyse: cmbt & euronext: cmbt) reported its final financial results today for the full year ended 31 december 2024. highlights 2024 profit of usd 93.1 million in q4 2024 bringing full year profit to usd 870.8 million​ total contract backlog increased to usd 2.94 billion name change from euronav to cmb.tech (ticker symbol cmbt) cmb.tech focused on its fleet rejuvenation with 21 newbuild deliveries further fleet expansion with 1 container vessel, 2 dry bulk carriers, 2 product tankers, 6 chemical tankers and 2 ctvs contracted in 2024 & q1 2025 sale of 6 older suezmaxes, 4 older vlccs and 1 container vessel new hydrogen engine r&d center in japan sale of euronav ship management hellas (esmh) to anglo- eastern univan group highlights q1 2025 cmb.tech joins forces with mol to jointly own and charter a total of 9 ammonia-fuelled vessels share purchase agreement with hemen holding limited for the acquisition of 81,363,730 shares in golden ocean group limited for the fourth quarter of 2024, the company realised a net gain of usd 93.1 million or usd 0.48 per share (fourth quarter 2023: a net gain of usd 406.6 million or usd 2.01 per share).
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