ATHENS, Greece (AP) — ATHENS, Greece (AP) — Tsakos Energy Navigation Ltd. (TNP) on Wednesday reported net income of $31.8 million in its fourth quarter.
The Athens, Greece-based company said it had net income of 85 cents per share. Earnings, adjusted for asset impairment costs, were $1.56 per share.
The oil and gas shipping company posted revenue of $220.2 million in the period.
For the year, the company reported profit of $300.2 million, or $9.04 per share. Revenue was reported as $733.8 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TNP at https://www.zacks.com/ap/TNP