Dorian LPG has been boosted by vessel additions during the third quarter and comfortably beat analysts’ expectations.
The LPG carrier owner booked net income of $54.7m for the three-month period, compared to $9m a year earlier.
Dorian’s earnings per share of $0.97 were well ahead of the consensus of $0.76.
Its revenue was $93.3m versus $32.6m, largely due to seven new ships that joined the company’s fleet.
John
