Should You Buy This Mid Cap US Stock-HAFN

Acrobull Canada Advisory Inc.

February 17			2025
Name	Ticker	Sector/Industry		Market Cap	Risk Factor
Hafnia Limited	HAFN-NYSE	Industrials		$2.581 Billion	Medium

Hafnia Limited owns and operates oil product tankers in Bermuda. It operates through Long Range II, Long Range I, Medium Range (MR), Handy size, and Specialized segments.

Recent Highlights

Statement from the CEO: Hafnia has maintained its strong performance and generated respectable profits in spite of these obstacles. I'm happy to report that we made USD 215.6 million in Q3, which puts our year-to-date net profit at USD 694.4 million, the highest nine-month performance in the history of our business. Strong performance has also been shown by our neighboring fee-generating business areas, which have contributed USD 7.8 million to our overall results.

Due to our vessels' improved market value and robust operating cash flows, our net asset value (NAV)1 at the end of the third quarter was approximately USD 4.6 billion, or USD 9.07 (NOK 95.24) per share.

Third Quarter 2024 Financial Highlights

In the third quarter of 2024, Hafnia Limited (the "Company" or "Hafnia") and its subsidiaries (collectively, the "Group") reported a net profit of USD 215.6 million, or USD 0.42 per share1 (Q3 2023: USD 146.9 million, or USD 0.29 per share).
An income of USD 7.8 million was produced by the commercially managed pool and bunker procurement business (Q3 2023: USD 7.5 million2).
Averaging USD 33,549 per day, Time Charter Equivalent (TCE)3 earnings in Q3 2024 were USD 361.6 million (Q3 2023: USD 310.3 million).
In Q3 2024, adjusted EBITDA3 was USD 257.0 million (compared to USD 220.8 million in Q3 2023).

Stock Observation- The company has reported good financial results in the fourth quarter and is expected to report better financial results in the next quarter. The RSI level for the stock is at 41 which shows close to oversold conditions.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull Canada Advisory Inc. maintains Customer Choose Buy for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull Canada Advisory Inc. only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull Canada Advisory Inc. would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull Canada Advisory Inc. is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull Canada Advisory Inc. does not guarantee returns.

Acrobull Recommendation Based on Evaluation

Current Market Price	$5.12 USD
Acrobull Recommendation	Buy
Target Price	Target $5.80 USD
RSI Level	14 Day RSI 41
Total Shares Outstanding	497.68 Million
Shares held by Insiders Risk Factor Stop Loss	43.88% Medium 5%