NORDEN reports Q3 profit amid strong asset values By Investing.com
Update: 2025-10-30
Description
NORDEN's Q3 Results: A Strong Performance Driven by Asset Management, with a $26 Million Profit and a Commitment to Shareholders. The company sold 22 ships, added 1 new vessel, and signed 22 new lease agreements. Net asset value per share increased to 362 Danish kroner, indicating a thriving shipping market. NORDEN plans to return $20 million to shareholders through a dividend and a share buy-back program, making up nearly 80% of the quarterly profit. Shareholders must register with VP Securities by November 3rd to receive their dividend.
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