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Toro Corp. Reports Net Income of $1.3 Million for the Three Months Ended September 30, 2025 and $4.3 Million for the Nine Months Ended September 30, 2025
Published: December 05, 2025 by: GlobeNewsWire
Sentiment: Neutral
LIMASSOL, Cyprus, Dec. 05, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO), (“Toro”, or the “Company”), a global energy transportation provider, today announced its results for the three months and the nine months ended September 30, 2025.
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Toro Corp. Announces Proposed Spin-Off of its Handysize Tanker Business
Published: February 28, 2025 by: GlobeNewsWire
Sentiment: Neutral
LIMASSOL, Cyprus, March 01, 2025 (GLOBE NEWSWIRE) -- Toro Corp. (NASDAQ: TORO) (“Toro”, or the “Company”) an international energy transportation services company, announces that its Board of Directors (the "Board"), has decided, on the recommendation of a special committee of the Board, consisting of its independent disinterested members, to effect a spin-off of its Handysize tanker business comprising of one Handysize tanker and Xavier Shipping Co. (subsidiary formerly owning the M/T Wonder Formosa) (the “Spin-Off”). In the Spin-Off, Toro shareholders will receive one common share of Robin Energy Ltd. (“Robin”), a newly formed subsidiary that will act as the holding …
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About Toro Corp. (TORO)
- IPO Date 2023-03-03
- Website https://www.torocorp.com
- Industry Marine Shipping
- CEO Petros Panagiotidis
- Employees None