Dorian LPG (LPG) Reports Q3 EPS of $0.01, Revenues Beat

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

February 4, 2019 6:00 AM EST

STAMFORD, Conn., Feb. 4, 2019 /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 December 31, 2018.

Highlights for the Third Quarter Fiscal Year 2019

Revenues of $55.1 million and Daily Time Charter Equivalent ("TCE")(1) rate for our fleet of $30,108 for the three months ended December 31, 2018, compared to revenues of $44.5 million and TCE rate of $22,833 for the three months ended December 31, 2017.                                             Net loss of $(6.2) million, or $(0.11) earnings/(loss) per... More