Frontline (FRO) has released an update.
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Frontline plc reported a strong financial performance for the third quarter of 2024, with a profit of $60.5 million and revenues of $490.3 million. The company also declared a cash dividend of $0.34 per share and completed significant refinancing activities, including the sale of an older vessel and repayment of major debts. Frontline continues to focus on maintaining a competitive cost structure amid a challenging geopolitical landscape.
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