The New York-listed LPG carrier owner, which is backed by billionaire investor Wilbur Ross, reported net income of $22m for the period, up from $16.9m a year ago.
With deferred financing costs of $1.8m stripped out, adjusted earnings per share of $0.43 hit exactly on the consensus estimate by analysts.
The London-headquartered outfit saw revenue increase by 6.3% to $74.2m during the period, thanks in part to fleet growth and charter rate improvements.
Time
