NEW YORK (AP) — NEW YORK (AP) — Genco Shipping & Trading Ltd. (GNK) on Wednesday reported profit of $9.3 million in its first quarter.
On a per-share basis, the New York-based company said it had net income of 21 cents. Earnings, adjusted for non-recurring costs, came to 26 cents per share.
The transporter of drybulk cargo posted revenue of $114.4 million in the period. Its adjusted revenue was $78.2 million.
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