StealthGas reported a drop in third-quarter net income as increases in voyage and vessel operating expenses offset gains in revenue and the continued decline in oil prices impacted spot chartering activity.
The LPG shipowner reported net income of $1m for the third-quarter, compared to year earlier results of $1.6m. Earnings per share of $0.03 per share were down from $0.04 per share a year earlier.
Revenue
