Dorian LPG (LPG) Misses Q1 EPS by 23c

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Dorian LPG Ltd. Announces First Quarter Fiscal Year 2021 Financial Results

August 4, 2020 6:01 AM EDT

STAMFORD, Conn., Aug. 4, 2020 /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, 2020.

Highlights for the First Quarter Fiscal Year 2021

Revenues of $73.2 million and Time Charter Equivalent ("TCE")(1) rate for our fleet of $41,249 for the three months ended June 30, 2020, compared to revenues of $61.2 million and TCE rate for our fleet of $29,671 for the three months ended June 30, 2019. Net income... More