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Scorpio Tankers Inc Reports First Quarter Net Loss of $62 4 Million | Hellenic Shipping News Worldwide

Scorpio Tankers Inc. Reports First Quarter Net Loss of $62.4 Million Scorpio Tankers Inc. Friday reported its results for the three months ended March 31, 2021. The Company also announced that its Board of Directors has declared a quarterly cash dividend of $0.10 per share on the Company’s common stock. Results for the three months ended March 31, 2021 and 2020 For the three months ended March 31, 2021, the Company had a net loss of $62.4 million, or $1.15 basic and diluted loss per share. For the three months ended March 31, 2021, the Company had an adjusted net loss (see Non-IFRS Measures section below) of $57.3 million, or $1.05 basic and diluted loss per share, which excludes from the net loss $3.9 million, or $0.07 per basic and diluted share, of losses recorded on the transaction to exchange $62.1 million in aggregate principal amount of its existing Convertible Notes due 2022 for $62.1 million in aggregate principal amount of new Convertible Notes due 2025, described in d

Scorpio Tankers Inc to Announce First Quarter 2021 Results and Have a Conference Call on May 7, 2021

The conference will also be available telephonically: US/CANADA Dial-In Number: 1 (855) 861-2416 International Dial-In Number: +1 (703) 736-7422 Conference ID: 1796885 Participants should dial into the call 10 minutes before the scheduled time. The information provided on the teleconference is only accurate at the time of the conference call, and the Company will take no responsibility for providing updated information. About Scorpio Tankers Inc. Scorpio Tankers is a provider of marine transportation of petroleum products worldwide. The Company s fleet consists of 131 wholly owned, finance leased or bareboat chartered-in tankers (42 LR2, 12 LR1, 63 MR and 14 Handymax) with a weighted average age of approximately 5.3 years. Additional information about the Company is available at the Company s website www.scorpiotankers.com, which is not a part of this press release.

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