Globus Maritime Posts 63% Increase in Revenues
Globus Maritime Limited, a dry bulk shipping company, yesterday reported its unaudited consolidated operating and financial results for the six month period ended June 30, 2017.
Athanasios Feidakis, President, Chief Executive Officer and Chief Financial Officer of Globus Maritime Limited, stated: “As the year evolves we are pleased with our efforts bearing fruit. In the first half of 2017 we saw our total revenues increase by 63% compared to the same period last year, we were also able to reduce our debt by about 30% again compared to the first half of last year." He continued, adding, “In February we successfully completed a private placement transaction with a group of investors encompassing a $5 million share purchase of Company’s common shares plus warrants. We are happy to see our statement of financial position at a healthier level after almost two years."