LIMASSOL, Cyprus (AP) — LIMASSOL, Cyprus (AP) — Frontline plc (FRO) on Wednesday reported net income of $60.5 million in its third quarter.

On a per-share basis, the Limassol, Cyprus-based company said it had profit of 27 cents. Earnings, adjusted for non-recurring costs, were 34 cents per share.

The shipping company posted revenue of $490.4 million in the period. Its adjusted revenue was $295.4 million.

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