Dorian LPG (LPG) Tops Q2 EPS by 2c, Revenues Beat

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

October 31, 2018 6:00 AM EDT

STAMFORD, Conn., Oct. 31, 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 September 30, 2018.

Highlights for the Second Quarter Fiscal Year 2019

Revenues of $40.8 million and Daily Time Charter Equivalent ("TCE")(1) rate for our fleet of $20,973 for the three months ended September 30, 2018, compared to revenues of $34.7 million and TCE rate of $18,015 for the three months ended September 30, 2017.                                                                   Net loss of $(8.2) million, or $(0.15) earnings/(loss) per basic and diluted share... More