Q2 2025 Great Eastern Shipping Company Ltd Earnings Call(Q&A Session) Transcript

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Nov 11, 2024

Nov 11, 2024 / 10:30AM GMT
Operator

Good evening, ladies and gentlemen. Thank you for standing by. Welcome to GE shipping earnings call on declaration of its financial results for the quarter ended September 30th, 2024.

I now hand over the conference to Mr. G. Shivakumar, Executive Director and CFO at the Great Eastern Shipping Company Ltd to start the proceedings over to you, sir.

G. Shivakumar - Great Eastern Shipping Company Ltd - Executive Director and Chief Financial Officer

Thank you, [your history]. Good afternoon, everyone and welcome to the results call for Q2 and H1 financial year 2025. We will do a quick run through of the presentation. I am joined by Mr. Rahul Shah.

And we will be happy to take Q&A after that. Usual disclaimers, we are not forecasting earnings. We have a large exposure to the spot market, so we are also not giving any guidance on our earnings.

We had a net profit of 576 Pros on a consolidated basis for Q2 higher than the Q2 of last year, but slightly lower than Q1 of this year. A consolidated NAV is at 1,463 per share at the midpoint of

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