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Dorian LPG Ltd Announces First Quarter Fiscal Year 2022 Financial Results

Dorian LPG Ltd Announces First Quarter Fiscal Year 2022 Financial Results
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Dorian LPG in its strongest position to date says John Hadjipateras | Hellenic Shipping News Worldwide

Dorian LPG Ltd., a leading owner and operator of modern very large gas carriers (“VLGCs”), 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 .

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

Dorian LPG Ltd Announces Fourth Quarter and Full Fiscal Year 2021 Financial Results
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Dorian LPG Ltd Announces Third Quarter Fiscal Year 2021 Financial Results and $100 Million Self Tender Offer

Share this article Share this article STAMFORD, Conn., Feb. 2, 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 ended December 31, 2020. Key Recent Development Announced that we will commence a tender offer to purchase up to 7.4 million, or about 14.8%, of our common shares at a price of $13.50 per share. Highlights for the Third Quarter Fiscal Year 2021 Revenues of $88.5 million and Time Charter Equivalent ( TCE ) (1) rate for our fleet of $42,298 for the three months ended December 31, 2020, compared to revenues of $85.4 million and TCE rate for our fleet of $43,410 for the three months ended December 31, 2019.

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