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Home›News›Diana Shipping 2Q Results Swing to Loss
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August 8, 2006 · about 20 years ago

Diana Shipping 2Q Results Swing to Loss

Greek cargo transporter Diana Shipping Inc. said Wednesday it swung to a loss in the second-quarter, after paying a one-time, acquisition-related preferential dividend. The company reported a net loss attributable to common shareholders of $7.1 million, or 15 cents per share, compared with profit of

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Greek cargo transporter Diana Shipping Inc. said Wednesday it swung to a loss in the second-quarter, after paying a one-time, acquisition-related preferential dividend.

The company reported a net loss attributable to common shareholders of $7.1 million, or 15 cents per share, compared with profit of $20.1 million, or 50 cents per share, in the year-ago period. Revenue fell to $26.1 million from $29.4 million last year.

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