AP NEWS
Click to copy
Click to copy

Dorian LPG: Fiscal 1Q Earnings Snapshot

August 7, 2019

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.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LPG at https://www.zacks.com/ap/LPG

All contents © copyright 2019 The Associated Press. All rights reserved.