d'Amico International Shipping SA (OTCPK:DMCOF)
$ 5.67 0 (0%) Market Cap: 666.71 Mil Enterprise Value: 788.13 Mil PE Ratio: 3.19 PB Ratio: 0.95 GF Score: 64/100

Full Year 2020 d'Amico International Shipping SA Earnings Call Transcript

Mar 11, 2021 / 01:00PM GMT
Release Date Price: $4.64
Operator

Good afternoon. This is the Chorus Call conference operator. Welcome, and thank you for joining the dâAmico International Shipping Full Year 2020 Results Conference Call. (Operator Instructions)

At this time, I would like to turn the conference over to Mr. Paolo dâAmico, CEO of d'Amico International Shipping. Please go ahead, sir.

Paolo d;Amico;Amico International Shipping S.A.;Executive Chairman;CEO
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Thank you. Hello to everybody. Welcome to this full year 2020 presentation. Thank you for being with us. I would jump the executive summary because we end up repeating ourselves twice. So just to make things a little bit easier. I'll jump and just tell you as an introduction that DIS posted a net profit of $16.6 million in full year 2020, and an adjusted net result, excluding the nonrecurring and noncash items, of $22.5 million for full year 2020. What I would like to point out that the -- for fourth quarter 2020, DIS generated a daily spot average rate of $11,699. But if you blend

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