C3is Inc. reports third quarter and nine months 2023 financial and operating results, with net revenues and net income representing increases of 378% and 1,018% respectively from the previous quarter

December 15, 2023

https://www.globenewswire.com/news-release/2023/11/03/2773232/0/en/C3is-Inc-reports-third-quarter-and-nine-months-2023-financial-and-operating-results-with-net-revenues-and-net-income-representing-increases-of-378-and-1-018-respectively-from-the-p.html

ATHENS, Greece, Nov. 03, 2023 (GLOBE NEWSWIRE) — C3is Inc. (Nasdaq:CISS) (the “Company”), a ship-owning company providing dry bulk seaborne transportation services, and from Q3 2023, tanker transportation services, announced today its unaudited financial and operating results for the third quarter and nine months ended September 30, 2023. These financial results were based on the accounts of C3is Inc. and its wholly owned subsidiaries, which were prepared as if the subsidiaries owning dry bulk vessels were consolidated subsidiaries of C3is for the entire periods presented, since the date the vessels were acquired by these subsidiaries, and using the historical carrying costs of the assets and the liabilities of these subsidiaries.

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