Dorian LPG (LPG) Misses Q4 EPS by 9c, Revenues Beat

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Go back to Dorian LPG (LPG) Misses Q4 EPS by 9c, Revenues Beat

Dorian LPG Ltd. Announces Fourth Quarter and Full Fiscal Year 2021 Financial Results

May 19, 2021 6:01 AM EDT

STAMFORD, Conn., May 19, 2021 /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 and fiscal year ended March 31, 2021.

Highlights for the Fourth Quarter Ended March 31, 2021

Revenues of $99.6 million. Time charter equivalent ("TCE")(1) per operating day rate for our fleet of $49,474. Net income of $44.0 million, or $0.93 earnings per diluted share ("EPS"), and adjusted net income(1) of $40.8 million, or $0.86 adjusted diluted earnings per share... More