
Hafnia Ltd
OSE:HAFNI

Income Statement
Earnings Waterfall
Hafnia Ltd
Revenue
|
2.9B
USD
|
Operating Expenses
|
-2.1B
USD
|
Operating Income
|
777.2m
USD
|
Other Expenses
|
-3.2m
USD
|
Net Income
|
774m
USD
|
Income Statement
Hafnia Ltd
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
119
N/A
|
138
+16%
|
166
+20%
|
197
+19%
|
212
+8%
|
221
+4%
|
218
-1%
|
203
-7%
|
195
-4%
|
194
-1%
|
188
-3%
|
187
-1%
|
346
+85%
|
346
0%
|
343
-1%
|
334
-3%
|
368
+10%
|
530
+44%
|
688
+30%
|
842
+22%
|
828
-2%
|
882
+7%
|
950
+8%
|
927
-2%
|
874
-6%
|
785
-10%
|
714
-9%
|
738
+3%
|
811
+10%
|
899
+11%
|
1 169
+30%
|
1 502
+28%
|
1 927
+28%
|
2 162
+12%
|
2 177
+1%
|
2 082
-4%
|
2 672
+28%
|
2 859
+7%
|
3 209
+12%
|
3 501
+9%
|
2 869
-18%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(108)
|
(115)
|
(121)
|
(128)
|
(135)
|
(143)
|
(146)
|
(152)
|
(158)
|
(162)
|
(165)
|
(169)
|
(317)
|
(320)
|
(325)
|
(324)
|
(349)
|
(480)
|
(606)
|
(729)
|
(682)
|
(690)
|
(679)
|
(661)
|
(668)
|
(670)
|
(706)
|
(764)
|
(811)
|
(860)
|
(926)
|
(979)
|
(1 131)
|
(1 157)
|
(1 166)
|
(1 177)
|
(1 870)
|
(2 069)
|
(2 365)
|
(2 621)
|
(2 091)
|
|
Selling, General & Administrative |
0
|
(3)
|
(6)
|
(8)
|
(10)
|
(10)
|
(10)
|
(9)
|
(9)
|
(8)
|
(9)
|
(9)
|
(65)
|
(7)
|
(10)
|
(9)
|
(68)
|
0
|
0
|
0
|
(129)
|
(9)
|
(20)
|
(28)
|
(136)
|
(32)
|
(32)
|
(33)
|
(134)
|
(30)
|
(33)
|
(36)
|
(179)
|
(64)
|
(68)
|
(73)
|
(176)
|
(72)
|
(76)
|
(79)
|
(79)
|
|
Depreciation & Amortization |
(22)
|
(24)
|
(26)
|
(30)
|
(34)
|
(38)
|
(40)
|
(43)
|
(45)
|
(47)
|
(50)
|
(52)
|
(54)
|
(55)
|
(55)
|
(55)
|
(57)
|
(73)
|
(91)
|
(111)
|
(132)
|
(141)
|
(148)
|
(154)
|
(156)
|
(155)
|
(154)
|
(152)
|
(152)
|
(163)
|
(179)
|
(195)
|
(209)
|
(214)
|
(213)
|
(213)
|
(211)
|
(213)
|
(216)
|
(216)
|
(215)
|
|
Other Operating Expenses |
(86)
|
(88)
|
(89)
|
(90)
|
(91)
|
(95)
|
(96)
|
(100)
|
(104)
|
(106)
|
(107)
|
(109)
|
(197)
|
(258)
|
(260)
|
(259)
|
(223)
|
(408)
|
(516)
|
(618)
|
(421)
|
(539)
|
(510)
|
(479)
|
(375)
|
(483)
|
(519)
|
(580)
|
(526)
|
(667)
|
(714)
|
(748)
|
(743)
|
(879)
|
(884)
|
(890)
|
(1 483)
|
(1 784)
|
(2 074)
|
(2 326)
|
(1 797)
|
|
Operating Income |
10
N/A
|
23
+125%
|
44
+90%
|
69
+55%
|
77
+12%
|
78
+1%
|
72
-8%
|
51
-29%
|
36
-28%
|
32
-12%
|
23
-28%
|
18
-22%
|
30
+67%
|
26
-14%
|
18
-30%
|
11
-40%
|
20
+81%
|
49
+152%
|
82
+67%
|
114
+38%
|
146
+29%
|
192
+31%
|
271
+41%
|
266
-2%
|
206
-22%
|
115
-44%
|
9
-93%
|
(26)
N/A
|
0
N/A
|
39
+49 638%
|
243
+526%
|
523
+115%
|
796
+52%
|
1 005
+26%
|
1 010
+1%
|
905
-10%
|
802
-11%
|
791
-1%
|
843
+7%
|
879
+4%
|
777
-12%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(8)
|
(9)
|
(11)
|
(12)
|
(13)
|
(17)
|
(18)
|
(19)
|
(20)
|
(21)
|
(23)
|
(24)
|
(26)
|
(28)
|
(28)
|
(30)
|
(31)
|
(41)
|
(49)
|
(57)
|
(62)
|
(59)
|
(51)
|
(45)
|
(40)
|
(39)
|
(40)
|
(42)
|
(38)
|
(40)
|
(47)
|
(53)
|
(58)
|
(68)
|
(63)
|
(62)
|
(41)
|
(28)
|
(17)
|
(3)
|
(16)
|
|
Non-Reccuring Items |
0
|
(0)
|
(1)
|
(2)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(3)
|
(3)
|
(1)
|
0
|
(1)
|
(1)
|
(1)
|
(7)
|
0
|
0
|
(8)
|
(1)
|
0
|
0
|
0
|
(13)
|
(15)
|
(16)
|
0
|
(5)
|
(5)
|
(1)
|
25
|
25
|
62
|
79
|
53
|
56
|
19
|
(1)
|
15
|
29
|
|
Total Other Income |
0
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(11)
|
(10)
|
(11)
|
(11)
|
(2)
|
(2)
|
(2)
|
(3)
|
(2)
|
(8)
|
(8)
|
(9)
|
(8)
|
(5)
|
(5)
|
(7)
|
(11)
|
(18)
|
(20)
|
(17)
|
(15)
|
(12)
|
|
Pre-Tax Income |
2
N/A
|
14
+466%
|
33
+141%
|
55
+68%
|
60
+10%
|
59
-2%
|
51
-13%
|
28
-45%
|
13
-53%
|
8
-43%
|
(3)
N/A
|
(8)
-178%
|
3
N/A
|
(3)
N/A
|
(11)
-321%
|
(20)
-77%
|
(20)
+2%
|
8
N/A
|
32
+317%
|
38
+18%
|
73
+91%
|
122
+68%
|
209
+71%
|
220
+5%
|
151
-31%
|
59
-61%
|
(50)
N/A
|
(70)
-40%
|
(51)
+27%
|
(14)
+73%
|
186
N/A
|
487
+162%
|
758
+56%
|
995
+31%
|
1 020
+3%
|
886
-13%
|
800
-10%
|
762
-5%
|
808
+6%
|
877
+9%
|
778
-11%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(2)
|
(2)
|
(3)
|
(3)
|
(3)
|
(4)
|
(4)
|
(5)
|
(7)
|
(7)
|
(7)
|
(8)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(6)
|
(4)
|
|
Income from Continuing Operations |
2
|
14
|
33
|
55
|
60
|
58
|
50
|
27
|
12
|
6
|
(3)
|
(8)
|
3
|
(3)
|
(11)
|
(20)
|
(20)
|
8
|
32
|
38
|
72
|
121
|
207
|
218
|
149
|
56
|
(53)
|
(74)
|
(55)
|
(19)
|
179
|
480
|
752
|
987
|
1 014
|
881
|
793
|
756
|
802
|
871
|
774
|
|
Income to Minority Interest |
(1)
|
(5)
|
(11)
|
(19)
|
(21)
|
(21)
|
(18)
|
(9)
|
(4)
|
(2)
|
1
|
3
|
0
|
2
|
5
|
8
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Net Income (Common) |
1
N/A
|
9
+557%
|
21
+142%
|
36
+67%
|
39
+9%
|
38
-3%
|
32
-14%
|
18
-45%
|
8
-56%
|
4
-47%
|
(2)
N/A
|
(5)
-171%
|
3
N/A
|
(1)
N/A
|
(6)
-852%
|
(12)
-90%
|
(20)
-65%
|
8
N/A
|
28
+256%
|
28
0%
|
72
+158%
|
121
+69%
|
207
+71%
|
218
+5%
|
149
-32%
|
56
-62%
|
(53)
N/A
|
(74)
-40%
|
(55)
+25%
|
(19)
+67%
|
179
N/A
|
480
+168%
|
752
+57%
|
987
+31%
|
1 014
+3%
|
881
-13%
|
793
-10%
|
756
-5%
|
802
+6%
|
871
+9%
|
774
-11%
|
|
EPS (Diluted) |
0.03
N/A
|
0.26
+767%
|
0.63
+142%
|
1.06
+68%
|
1.15
+8%
|
1.11
-3%
|
0.96
-14%
|
0.53
-45%
|
0.23
-57%
|
0.12
-48%
|
-0.06
N/A
|
-0.18
-200%
|
0.09
N/A
|
-0.01
N/A
|
-0.18
-1 700%
|
-0.35
-94%
|
-0.16
+54%
|
0.02
N/A
|
0.08
+300%
|
0.07
-13%
|
0.21
+200%
|
0.33
+57%
|
0.56
+70%
|
0.59
+5%
|
0.41
-31%
|
0.15
-63%
|
-0.14
N/A
|
-0.2
-43%
|
-0.15
+25%
|
-0.06
+60%
|
0.37
N/A
|
1.01
+173%
|
1.57
+55%
|
1.93
+23%
|
1.99
+3%
|
1.73
-13%
|
1.57
-9%
|
1.49
-5%
|
1.57
+5%
|
1.7
+8%
|
1.5
-12%
|