Q4 2020 Jinhui Shipping and Transportation Ltd Earnings Call Transcript

Feb 25, 2021 / 08:00AM GMT
Wei Man Ching - Jinhui Shipping and Transportation Limited - VP

Good morning, ladies and gentlemen, and good afternoon to those in Asia. This is Raymond Ching, Vice President of Jinhui Shipping and Transportation Limited. Welcome all to Jinhui Shipping and Transportation Limited Q4 2020 and 2020 Annual Results Presentation. If there's anybody who cannot hear me, please type a message and share on the screen so that we can fix it right away.

I believe you have already seen the results announcement as well as have a copy of the presentation, which I'm sharing on the screen right now. So I shall begin. Let's dive right in. It has been a challenging year for everyone as well as for us across industry. Good news is I think we are seeing some light at the end of the tunnel.

First, let me go through the Q4 2020 financial highlights. Revenue for the quarter was USD 15 million. We recorded a net profit of $8 million for the quarter. The earnings before interest, tax, depreciation and amortization was USD 12 million. Basic earnings per share for the Q4 is USD 0.069 per share.

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