OSL$HAFN

Hafnia Ltd · Q3 2025 earnings

Q3 2025 earnings · · Investor relations

Briefing

Hafnia reported Q3 2025 net profit of $91.5M with strong product-tanker TCE earnings.

The company cited seasonal demand and tonne-mile fundamentals supporting product-tanker earnings. Fee-based businesses contributed alongside core TCE performance, with management expecting a favorable rate environment into early 2026.

  • Q3 net profit $91.5M on tanker market strength.
  • TCE earnings and pool rates supported quarterly profitability.
  • Winter seasonality expected to lift oil demand and earnings.
  • Balance sheet and fleet positioning support dividends and growth.

Headline financials

Total Revenue

$367M

Previous: $720M-49.1%
EPS (adj)

$0.18

Previous: $0.42-57.1%
Net Asset Value

$3.4B

No prior period
Average TCE per Day

$26K

No prior period
Adjusted EBITDA

$151M

No prior period
Payout Ratio

80.0%

No prior period
Net Income

$91.5M

No prior period
Operating Income

$92.2M

No prior period

Revenue & EPS history

Hafnia Ltd · Revenue · Quarterly

$367M

Q3 2025-49.1%vs Q3 2024
Beat estimate in 1 of 1 quarters(100%)
ActualEstimate

Forward guidance

The release discusses Hafnia's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • Hafnia cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 7 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

+0.2%

Avg return

Earnings day

-2.3%

Avg return

5 days after

+109.9%

Avg return

30 days after

67%

6 / 9 earnings

Positive

+5.3%

Q3 2024

Best reaction

-11.4%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.8%-8.2%
Q4 2025+2.6%+3.8%+900.6%
Q3 2025-2.8%-6.7%-17.3%
Q2 2025+3.7%+5.0%+6.7%
Q1 2025+1.8%+4.3%+7.8%
Q4 2024-11.4%-15.8%-14.2%
Q3 2024+5.3%-8.3%-2.1%
Q2 2024+4.2%+1.8%-3.9%
Q1 2024+1.1%+3.7%+1.8%

Discussion

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