EuroDry Ltd. Reports Mid-Year Financial Loss

EuroDry (EDRY) has released an update.

EuroDry Ltd. has reported a net loss of $0.41 million for Q2 2024 and $2.2 million for the first half of the year, despite an increase in net revenues and time charter equivalent rates compared to the same periods last year. The company operates an average of 13 vessels and has extended its share repurchase program while actively pursuing fleet renewal and investment opportunities. Additionally, EuroDry has released its 2023 Sustainability Report, underscoring a commitment to environmental, social, and governance aspects of its business.

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