Dorian LPG: Fiscal 1Q Earnings Snapshot
STAMFORD, Conn. (AP) _ Dorian LPG Ltd. (LPG) on Wednesday reported fiscal first-quarter net income of $6.1 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Stamford, Connecticut-based company said it had net income of 11 cents. Earnings, adjusted for non-recurring costs, were 22 cents per share.
The liquified petroleum gas shipping company posted revenue of $61.2 million in the period.
Dorian LPG shares have increased 50% since the beginning of the year. The stock has increased 6% in the last 12 months.