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Dorian LPG Ltd. Announces Third Quarter Fiscal Year 2018 Financial Results and Financing Transaction for the Concorde

February 1, 2018 6:00 AM EST

STAMFORD, Conn., Feb. 1, 2018 /PRNewswire/ -- Dorian LPG Ltd. (NYSE: LPG) (the "Company" or "Dorian LPG"), a leading owner and operator of modern very large gas carriers ("VLGCs"), today reported its financial results for the three months ended December 31, 2017.

Highlights for the Third Quarter Fiscal Year 2018

Revenues of $44.5 million and Daily Time Charter Equivalent ("TCE")(1) rate for our fleet of $22,833 for the three months ended December 31, 2017, compared to revenues of $35.7 million and TCE rate of $17,796 for the three months ended December 31, 2016. Net income of... More