Operating incomes were $119877 million compared to $118571 million the exact same quarter a year back and up 7.5%sequentially. The company had an earnings of $23642 million.
The company sold 7.6 million shares of Frontline or two-thirds of SFL holdings at an average cost of around $11 per share.
SFL is my preferred long-term company with a 10.5%dividend yield.
Source: World Maritime News
Financial Investment Thesis
SFL Corporation Ltd. (NYSE: SFL) stays my only chosen “transportation and shipping” business that I have actually held gladly in my long-term portfolio for several years and mean to