Omar Nokta

Jonathan Chappell

Sherif Elmaghrabi

Devin Sangoi

Geoffrey Scott

- For the six months ended June 30, 2025, Frontline plc reported a **profit of $110,830 thousand** and **basic and diluted earnings per share of $0.50**, a decrease from the prior year period.  **[913290_0000913290-25-000017_fro-20250630.htm:11]**  **Total revenues** for the period were **$907,943 thousand**.  **[913290_0000913290-25-000017_fro-20250630.htm:11]** 
- The Board of Directors declared a dividend of **$0.36 per share** for the three months ended June 30, 2025, with payment scheduled for on or about September 24, 2025.  **[913290_0000913290-25-000017_fro-20250630.htm:6]** 
- As of June 30, 2025, Frontline's fleet comprised **81 vessels**.  **[913290_0000913290-25-000017_fro-20250630.htm:0]**  Since January 1, 2024, the company acquired **13 VLCCs** and sold **eight tankers** (five VLCCs and three Suezmax tankers).  **[913290_0000913290-25-000017_fro-20250630.htm:3]** **[913290_0000913290-25-000017_fro-20250630.htm:4]**  An additional Suezmax tanker sale for **$36.4 million** is expected to close in Q3 2025, generating a **$6.0 million gain**.  **[913290_0000913290-25-000017_fro-20250630.htm:0]** 
- Frontline is involved in ongoing legal proceedings with FourWorld Capital Management LLC, with oral court pleadings scheduled for **February 2026**.  **[913290_0000913290-25-000017_fro-20250630.htm:0]**

Frontline plc Reports H1 2025 Financials, Declares Q2 2025 Dividend, and Provides Fleet Update

- Frontline plc reported a **profit of $77.5 million** and **adjusted profit of $80.4 million**, or **$0.36 per adjusted share**, on **$480.1 million** in revenues for the second quarter of 2025.  **[913290_0000919574-25-005407_d11974450_ex1.htm:0]** **[913290_0000919574-25-005407_d11974450_ex1.htm:1]** 
- The company declared a cash dividend of **$0.36 per share** for the second quarter of 2025.  **[913290_0000919574-25-005407_d11974450_ex1.htm:0]** **[913290_0000919574-25-005407_d11974450_ex1.htm:3]** 
- Average daily spot Time Charter Equivalent earnings (TCEs) for Q2 2025 were **$43,100** for VLCCs, **$38,900** for Suezmax tankers, and **$29,300** for LR2/Aframax tankers.  **[913290_0000919574-25-005407_d11974450_ex1.htm:0]** 
- Frontline entered into a senior secured term loan facility of up to **$1,286.5 million** in April 2025 to refinance debt and agreed to sell an older Suezmax tanker for a net sales price of **$36.4 million**, expecting a **$6.0 million** gain in the third quarter of 2025.  **[913290_0000919574-25-005407_d11974450_ex1.htm:0]** **[913290_0000919574-25-005407_d11974450_ex1.htm:3]** **[913290_0000919574-25-005407_d11974450_ex1.htm:4]**

Frontline (FRO)