HAMILTON HM 08, Bermuda (AP) — Golden Ocean Group Ltd. (GOGL) on Wednesday reported net income of $62.5 million in its second quarter.

The Hamilton Hm 08, Bermuda-based company said it had net income of 31 cents per share. Earnings, adjusted for non-recurring costs, came to 32 cents per share.

The shipping company posted revenue of $250.1 million in the period. Its adjusted revenue was $197.3 million.

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