Reports Q2 revenue $144.7M, consensus $148.94M. John Hadjipateras, chairman, president and CEO of the company, commented, “Following record adjusted EBITDA in the quarter, we declared our ninth dividend demonstrating our commitment to creating shareholder value, while maintaining sensible leverage levels and flexibility for fleet renewal. With an increasingly uncertain world outlook we remain focused on the safety of our dedicated seafarers, supported by our experienced shoreside staff, as they provide a critical energy product to the world with, a safe, reliable, clean and trouble free transportation service.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on LPG:
- Dorian LPG Ltd. Announces Second Quarter Fiscal Year 2024 Financial Results
- Dorian LPG downgraded to Hold from Buy at Fearnley
- Dorian LPG upgraded to Buy from Hold at Pareto
- Dorian LPG board declares irregular cash dividend of $1.00 per share
- Dorian LPG Ltd. Declares Irregular Cash Dividend of $1.00 Per Share