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Sep 30, 2024
Dorian LPG Q2 2025 Earnings Report
Dorian LPG's financial performance decreased due to reduced TCE rates and increased general and administrative expenses.
Key Takeaways
Dorian LPG reported a net income of $9.4 million and revenues of $82.4 million for the second quarter of fiscal year 2025. The results reflect a decrease compared to the previous year, primarily due to lower TCE rates and increased operating expenses.
Revenues were $82.4 million.
Net income was $9.4 million, or $0.22 earnings per diluted share.
Adjusted net income was $15.0 million, or $0.35 adjusted earnings per diluted share.
Time Charter Equivalent (TCE) rate per available day for the fleet was $37,010.