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Mar 31, 2020

Dorian LPG Q4 2020 Earnings Report

Dorian LPG reported increased revenues and net income for the fourth quarter of fiscal year 2020.

Key Takeaways

Dorian LPG Ltd. announced its financial results for the three months and fiscal year ended March 31, 2020, with revenues of $95.2 million and a net income of $29.4 million, or $0.56 earnings per diluted share.

Revenues of $95.2 million were reported.

Daily Time Charter Equivalent (TCE) rate for the fleet was $51,888.

Net income was $29.4 million, or $0.56 earnings per diluted share (EPS).

Adjusted EBITDA was $67.2 million.

Total Revenue
$95.2M
Previous year: $34.5M
+176.2%
EPS
$0.81
Previous year: -$0.22
-468.2%
Daily vessel op. expenses
$9.41K
Gross Profit
$95.2M
Previous year: $34.5M
+176.2%
Cash and Equivalents
$48.4M
Previous year: $30.8M
+56.9%
Free Cash Flow
$51.1M
Previous year: $12M
+325.8%
Total Assets
$1.67B
Previous year: $1.63B
+2.9%

Dorian LPG

Dorian LPG