Full Year 2019 Pacific Basin Shipping Ltd Earnings Call Transcript
Ladies and gentlemen, welcome to today's Pacific Basin 2019 Annual Results Announcement Call. I am pleased to present Chief Executive Officer, Mr. Mats Berglund, for the first part of this call. (Operator Instructions)
Mr. David Turnbull, please begin.
Okay. Thank you. Thank you very much. I'm the Chairman of the company, and I'm joined by our CEO, Mats Berglund; and our CFO, who is on the line from Italy. In spite of a very difficult time, we made a small profit, a profit of $25.1 million, and we continue to perform well, I think. The Board is recommending a dividend of HKD 0.021.
2020 has started, well, very -- a very difficult time. Coronavirus has headwinds. And we expect the year to be very difficult. But we've shown before that our company, Pacific Basin, as you can, manage all these things very carefully and adeptly.
I will ask Mats now to present our results for the year, and then we will talk about it a bit more, and then we will answer questions for
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