Quarterly ResultAug 5, 2026, 04:59 PM
DHT Holdings Q2 Net Profit $198.3M; EPS $1.23
AI Summary
DHT Holdings reported its strongest quarter in history for Q2 2026, with net profit reaching $198.3 million and basic EPS of $1.23, significantly exceeding Q2 2025 results. The company declared a cash dividend of $1.22 per share. Operational highlights included average combined time charter equivalent earnings of $126,700 per day and securing new time charter agreements. DHT also entered into a new $250 million credit facility and ordered a new VLCC. Subsequent events include the sale of DHT Bauhinia for $51.0 million and the delivery of newbuilding DHT Impala.
Key Highlights
- Net profit for Q2 2026 was $198.3 million, up from $56.0 million in Q2 2025.
- Basic EPS for Q2 2026 was $1.23, compared to $0.35 in Q2 2025.
- Shipping revenues reached $284.8 million in Q2 2026, an increase from $127.9 million in Q2 2025.
- Adjusted EBITDA for Q2 2026 was $231.0 million, up from $69.0 million in Q2 2025.
- Declared a cash dividend of $1.22 per share for Q2 2026.
- Achieved average combined time charter equivalent earnings of $126,700 per day in Q2 2026.
- Entered a new $250 million reducing revolving credit facility.
- Sold DHT Bauhinia in July for net cash proceeds of $51.0 million.
Price Impact
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