Toro Corp. Reports Net Income of $1.0 Million for the Three Months Ended December 31, 2024 and $25.2 Million for the Year Ended December 31, 2024. Spin-Off of Handysize Tanker Business completed on April 14, 2025.
Toro (TORO) Newsfilter·2025-04-15 21:00LIMASSOL, Cyprus, April 15, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ:TORO), ("Toro", or the "Company"), an international energy transportation services company, today announced its results for the three months and the year ended December 31, 2024. Highlights of the Fourth Quarter Ended December 31, 2024: Total vessel revenues from continuing operations: 7.3 million for the three months ended December 31, 2023, or a 28.8% decrease; Net income from continuing operations: $1.0 ...