Dorian LPG Ltd., a leading owner and operator of very large gas carriers, has announced its financial results for the fourth quarter and fiscal year ended March 31, 2025. The company reported revenues of $75.9 million for the fourth quarter ended March 31, 2025. Net income for the same period was $8.1 million, or $0.19 per share, a significant decrease from $79.2 million, or $1.96 per share, reported in the fourth quarter of the previous year. Adjusted net income for the fourth quarter amounted to $10.7 million, or $0.25 per share. For the full fiscal year, Dorian LPG reported a net income of $90.2 million, compared to $307.4 million in the prior year. In terms of shareholder returns, the company declared an irregular cash dividend of $0.50 per share, totaling $21.3 million, to be paid on or about May 30, 2025, to shareholders of record as of May 16, 2025. Dorian LPG's capital allocation strategy remains focused on shareholder returns and maintaining a strong balance sheet, enabling further investment in personnel and business operations, as well as fleet renewal and expansion when opportunities arise. The company continues to express confidence in the fundamentals of the LPG market and its ability to respond to future challenges.
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