Business

Okeanis Eco Tankers Corp. Reports Financial Results for the First Quarter of 2026

ATHENS, Greece, May 13, 2026 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (together with its subsidiaries, unless context otherwise dictates, “OET” or the “Company”) (NYSE: ECO, OSE: OET) today reported its unaudited condensed financial results for the first quarter of 2026, which are attached to this press release. Financial performance of the First Quarter Ended March 31, 2026 Revenues of $170.2 million in Q1 2026, compared to $80.1 million in Q1 2025.Profit of $88.3 million in Q1 2026, compa

articleOkeanis Eco Tankers Corp.May 13, 20266/company/okeanis-eco-tankers-corp/news/okeanis-eco-tankers-corp-reports-financial-results-for-the-first-quarter-of-2026
Okeanis Eco Tankers Corp. Reports Financial Results for the First Quarter of 2026

About this update from Okeanis Eco Tankers Corp.

[{"type":"image","alt":"Okeanis Eco Tankers Corp","displaySize":"","headline":null,"caption":"Okeanis Eco Tankers Corp","className":"","disableSlideshowImg":false,"size":{"original":{"width":294,"height":81,"url":"https://media.zenfs.com/en/globenewswire.com/c72be3617c02a2396e2e46ce2c419816"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/QjAL.5EplPf5fhfBACdG1g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTExNg--/https://media.zenfs.com/en/globenewswire.com/c72be3617c02a2396e2e46ce2c419816","width":294,"height":81},"resize_sm":{"url":"https://s.yimg.com/ny/api/res/1.2/QjAL.5EplPf5fhfBACdG1g--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTExNg--/https://media.zenfs.com/en/globenewswire.com/c72be3617c02a2396e2e46ce2c419816","width":294,"height":81}},"lazy":false},{"type":"text","content":"ATHENS, Greece, May 13, 2026 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (together with its subsidiaries, unless context otherwise dictates, “OET” or the “Company”) (NYSE: ECO, OSE: OET) today reported its unaudited condensed financial results for the first quarter of 2026, which are attached to this press release.","length":318,"tagName":"p"},{"type":"text","content":"Financial performance of the First Quarter Ended March 31, 2026","length":63,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Revenues of $170.2 million in Q1 2026, compared to $80.1 million in Q1 2025.","length":76,"tagName":"p"}]},{"val":[{"type":"text","content":"Profit of $88.3 million in Q1 2026, compared to $12.6 million in Q1 2025.","length":73,"tagName":"p"}]},{"val":[{"type":"text","content":"Vessel operating expenses of $12.2 million in Q1 2026, compared to $10.5 million in Q1 2025.","length":92,"tagName":"p"}]},{"val":[{"type":"text","content":"Earnings per share of $2.31 in Q1 2026 (based on a weighted average number of shares of 38,161,939 for the period), compared to $0.39 in Q1 2025.","length":145,"tagName":"p"}]},{"val":[{"type":"text","content":"Cash (including restricted cash) of $176.5 million as of March 31, 2026, compared to $122.5 million as of December 31, 2025.","length":129,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":515,"olType":false},{"type":"text","content":"Alternative performance metrics and market development","length":54,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Time charter equivalent* (“TCE”, a non-IFRS measure*...

More updates from Okeanis Eco Tankers Corp.

The Companyoperating expensesEarnings per shareCompanyforward-looking statements