Dorian LPG's deficit grew in the first quarter
In the displaced fiscal year, Dorian LPG finished the first quarter with a bigger deficit as a result of weaker freight rates. The carrier is expressing mixed signals about the market, notes JP Morgan.
by SØREN PICO
Weaker rates dealt a blow to Dorian LPG's earnings in the first quarter, and this contributed to a bigger bottom line loss in the first months of the displaced fiscal year, according to the gas carrier's interim report.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Dorian pulled into the red by weak LPG market in 2016
For subscribers
Dorian LPG's bottom line hit hard by final months of 2016
For subscribers
Dorian LPG books net loss for Q1 in fiscal year 2016
For subscribers
