ATHENS, GREECE, May 14, 2025 - Okeanis Eco Tankers Corp. (together with its
subsidiaries, unless context otherwise dictates, "OET" or the "Company") (NYSE:
ECO, OSE: OET) today reported its unaudited condensed financial results for the
first quarter of 2025, which are attached to this press release.
 
Financial performance of the First Quarter Ended March 31, 2025
 
 	o	Revenues of $80.1 million in Q1 2025, compared to $111.1 million in Q1 2024.
 	o	Profit of $12.6 million in Q1 2025, compared to $41.6 million in Q1 2024.
 	o	Vessel operating expenses of $10.5 million in Q1 2025, compared to $10.6 in
Q1 2024.
 	o	Earnings per share of $0.39 in Q1 2025, compared to $1.29 in Q1 2024.
 	o	Cash (including restricted cash) of $43.0 million as of March 31, 2025,
compared to $54.3 million as of December 31, 2024.
 
Alternative performance metrics and market development*
 
 	o	Time charter equivalent ("TCE", a non-IFRS measure*) revenue of $48.6
million in Q1 2025.
 	o	EBITDA* and Adjusted EBITDA* (non-IFRS measures*) of $33.8 million and $32.5
million, respectively, in Q1 2025.
 	o	Adjusted profit* and Adjusted earnings per share* (non-IFRS measures*) of
$11.4 million or $0.36 per basic and diluted share in Q1 2025.
 	o	Fleetwide daily TCE rate* of $38,500 per operating day in Q1 2025