TOP Ships Inc. Announces Interim Financial Results
Post# of 22755
TOPS 2.59 -0.46 -15.08 415,557 3.50 3.89
ATHENS, Greece, July 29, 2016 (GLOBE NEWSWIRE) -- TOP Ships Inc. (Nasdaq: TOPS ) (“Top Ships” or the “Company”), an international owner and operator of modern, fuel efficient “ECO” MR tanker vessels focusing on the transportation of petroleum products, announced today its financial results for the first half of 2016.
Evangelos Pistiolis, President and CEO of the Company, stated,
“As our newbuilding program successfully draws to an end and our vessels are deployed to their profitable time charters we are increasingly optimistic about our earnings and cashflow generation capacity in the near and mid-term future, as indicated by the earnings we announce today for the six month period ended June 30, 2016.”
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