Ardmore Shipping (ASC) Tops Q2 EPS by 10c

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Ardmore Shipping Corporation Announces Financial Results For The Three Months Ended June 30, 2022

July 27, 2022 8:00 AM EDT

HAMILTON, Bermuda, July 27, 2022 /PRNewswire/ -- Ardmore Shipping Corporation (NYSE: ASC) ("Ardmore", the "Company" or "we") today announced results for the three and six months ended June 30, 2022.

Highlights and Recent Activity

Reported a net profit of $28.8 million for the three months ended June 30, 2022, or $0.82 earnings per basic share and $0.81 earnings per diluted share, compared to a net loss of $8.2 million, or $0.24 loss per basic and diluted share, for the three months ended June 30, 2021. Adjusted for certain costs (see... More