•
Jun 30, 2024
Dorian LPG Q1 2025 Earnings Report
Dorian LPG's financial performance remained strong, driven by high TCE rates and strategic initiatives.
Key Takeaways
Dorian LPG reported a net income of $51.3 million, or $1.25 per diluted share, and revenues of $114.4 million for the first quarter of fiscal year 2025. The company benefited from strong LPG demand and a successful equity offering, positioning it for future growth and fleet renewal.
Revenues reached $114.4 million.
Net income was $51.3 million, or $1.25 EPS.
Adjusted EPS stood at $1.26.
TCE rate per operating day for the fleet was $55,228.