Dorian LPG (LPG) Misses Q1 EPS by 15c, Revenues Miss

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Go back to Dorian LPG (LPG) Misses Q1 EPS by 15c, Revenues Miss

Dorian LPG Ltd. Announces First Quarter Fiscal Year 2019 Financial Results

August 9, 2018 6:00 AM EDT

STAMFORD, Conn., Aug. 9, 2018 /PRNewswire/ -- Dorian LPG Ltd. (NYSE: LPG) (the "Company," "Dorian LPG," "we," and "our"), a leading owner and operator of modern very large gas carriers ("VLGCs"), today reported its financial results for the three months ended June 30, 2018.

Highlights for the First Quarter Fiscal Year 2019

Revenues of $27.6 million and Daily Time Charter Equivalent ("TCE")(1) rate for our fleet of $16,553 for the three months ended June 30, 2018, compared to revenues of $41.0 million and TCE rate of $22,735 for the three months ended June 30, 2017. Net loss of $(20.6)... More