•
Dec 31, 2023
Dorian LPG Q3 2024 Earnings Report
Dorian LPG reported strong financial results driven by a favorable market and teamwork, declaring its tenth dividend and ordering a new VLGC/AC.
Key Takeaways
Dorian LPG Ltd. announced its financial results for the third quarter of fiscal year 2024, reporting revenues of $163.1 million and a net income of $100.0 million, or $2.47 earnings per diluted share. The company also declared an irregular cash dividend totaling $40.6 million. The TCE rate per operating day for the fleet was $76,337.
Revenues reached $163.1 million.
TCE rate per operating day was $76,337.
Net income was $100.0 million, or $2.47 EPS.
Adjusted net income was $106.0 million, or $2.62 adjusted EPS.