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Dec 31, 2022
Dorian LPG Q3 2023 Earnings Report
Dorian LPG's Q3 2023 performance was marked by strong TCEs, leading to substantial cash generation and enabling a dividend payout of $1.00 per share.
Key Takeaways
Dorian LPG reported a net income of $51.3 million, or $1.27 per diluted share, and revenues of $103.3 million for the three months ended December 31, 2022. The company's strong performance was driven by high TCE rates, leading to increased cash generation and the declaration of a $1.00 per share dividend.
Revenues reached $103.3 million.
TCE rate per operating day was $52,768.
Net income was $51.3 million, or $1.27 EPS.
Adjusted net income was $52.0 million, or $1.29 adjusted EPS.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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