v3.26.1
Condensed consolidated statement of comprehensive income (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Profit (loss) [abstract]        
Revenue $ 815,779 $ 554,155 $ 1,487,001 $ 1,102,065
Gross profit 372,907 231,158 655,402 449,909
Other operating income 18,755 8,090 36,407 17,079
Vessel operating expenses (64,616) (68,676) (130,934) (136,775)
Technical management expenses (7,869) (7,001) (13,612) (12,219)
Charter hire expenses (8,858) (8,154) (17,669) (16,776)
Other expenses (22,989) (21,243) (43,643) (41,951)
Earnings before interest, taxes, depreciation, and amortisation 287,330 134,174 485,951 259,267
Gain on disposal of assets 39,312 0 71,838 0
Depreciation charge of property, plant and equipment (47,201) (50,977) (95,186) (100,502)
Amortisation charge of intangible assets 0 (107) (83) (212)
Reversal of impairment loss on trade receivables 576 0 0 0
Operating profit 280,017 83,090 462,520 158,553
Interest income 3,493 3,424 5,834 6,084
Interest expense (10,186) (12,475) (22,518) (26,836)
Capitalised financing fees written off (977) (6) (977) (792)
Other finance expenses (4,100) 1,005 (6,062) (398)
Finance expense - net (11,770) (8,052) (23,723) (21,942)
Share of profit of equity-accounted investees, net of tax 10,969 2,957 20,937 5,993
Profit before income tax 279,216 77,995 459,734 142,604
Income tax expense (1,413) (2,660) (2,201) (4,079)
Profit for the financial period 277,803 75,335 457,533 138,525
Items that may be subsequently reclassified to profit or loss:        
Foreign operations - foreign currency translation differences (1) 164 (19) 247
Fair value gains/(losses) on cash flow hedges 1,581 (731) 3,447 (3,770)
Reclassification to profit or loss (1,322) (3,054) (2,874) (5,734)
Other comprehensive income that will be reclassified to profit or loss, net of tax 258 (3,621) 554 (9,257)
Items that will not be subsequently reclassified to profit or loss:        
Equity investments at FVOCI - net change in fair value (26,631) 0 84,667 0
Total other comprehensive (loss)/income (26,373) (3,621) 85,221 (9,257)
Total comprehensive income for the period, net of tax $ 251,430 $ 71,714 $ 542,754 $ 129,268
Earnings per share attributable to the equity holders of the Company        
Basic no. of shares (in shares) 499,177,614 498,369,364 499,177,614 498,369,364
Basic earnings in USD per share (in dollars per share) [1] $ 0.56 $ 0.15 $ 0.92 $ 0.28
Diluted no. of shares (in shares) 506,029,778 503,985,265 506,029,778 503,985,265
Diluted earnings in USD per share (in dollars per share) [1] $ 0.55 $ 0.15 $ 0.9 $ 0.27
Hafnia Vessels and TC Vessels [Member]        
Profit (loss) [abstract]        
Revenue $ 505,660 $ 346,564 $ 918,583 $ 686,907
Voyage expenses (132,753) (115,406) (263,181) (236,998)
External Vessels in Disponent-Owner Pools [Member]        
Profit (loss) [abstract]        
Revenue 310,119 207,591 568,418 415,158
Voyage expenses (82,933) (82,949) (162,749) (169,172)
Pool distributions $ (227,186) $ (124,642) $ (405,669) $ (245,986)
[1] Based on weighted average number of shares as at 30 June 2026.