Yahoo Finance

HAMILTON HM 08, Bermuda (AP) — Golden Ocean Group Ltd. (GOGL) on Wednesday reported profit of $39 million in its fourth quarter.

On a per-share basis, the Hamilton Hm 08, Bermuda-based company said it had net income of 20 cents. Earnings, adjusted for non-recurring gains, came to 6 cents per share.

The shipping company posted revenue of $211 million in the period. Its adjusted revenue was $174.9 million.

For the year, the company reported profit of $223.2 million, or $1.12 per share. Revenue was reported as $775.5 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOGL at https://www.zacks.com/ap/GOGL