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For the six months ended 30 June 2020, Hygo Energy Transition Ltd revenues decreased 5% to $22.8M. Net loss applicable to common stockholders increased from $16.6M to $60.8M. Revenues reflect LNG Carriers segment decrease of 12% to $21.1M. Higher net loss reflects Equity in net losses of affiliates increase from $778K to $37.3M (losses), Loss on disposal of asset under developm increase from $0K to $26M (expense).
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 |
---|---|---|---|
Total Revenue | 22.79 | 45.22 | 24.05 |
Gross Profit | 15.39 | 16.85 | 4.81 |
Operating Income | 1.62 | -9.39 | -8.05 |
Net Income | -55.2 | -12.48 | -12.33 |
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 |
---|---|---|---|
Total Assets | 1042.62 | ||
Total Liabilities | 566.01 | ||
Total Equity | 476.61 |
Period Ending: | Jun 30, 2020 | Dec 31, 2019 | Jun 30, 2019 |
---|---|---|---|
Period Length: | 6 Months | 12 Months | 6 Months |
Cash From Operating Activities | 11.72 | 13.76 | 15.85 |
Cash From Investing Activities | -18.11 | -71.45 | -13.47 |
Cash From Financing Activities | 43.61 | 80.03 | -10.72 |
Net Change in Cash | 34.87 | 22.34 | -8.33 |
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