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Thursday, 03/11/2010 7:36:35 AM

Thursday, March 11, 2010 7:36:35 AM

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Torm Slips To Loss In FY09 - Quick Fact

3/11/2010 4:28 AM ET

(RTTNews) - Torm A/S (TRMD: News ) reported that its fiscal 2009 net loss was US$17.36 million, compared to profit of US$361.35 million in the prior year. On a per share basis, net loss was US$0.30, compared to profit of US$5.20 in the prior year.

Pre-tax loss was US$19.05 million, compared to a pre-tax profit of US$360.07 million last year.

Revenue were US$862.25 million, down from US$1.18 billion in the prior year.

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