Dorian LPG Q1 profit falls to $10.1 million, $0.24 per share; declares $0.60 dividend
Dorian LPG reported results for the quarter ended June 30, 2025, with revenues down 26.4% to $84.2 million and net income down to $10.1 million, or $0.24 per diluted share, from $51.3 million, or $1.25, a year earlier. The company also declared an irregular dividend of $0.60 per share, about $25.6 million in total, payable on or about August 27, 2025 to holders of record on August 12, 2025, though the company states that future dividends are at the discretion of its board.
Key points
- Revenues were $84.2 million, down $30.1 million, or 26.4%, from $114.3 million, mainly due to lower average TCE rates and fewer available days.
- Net income was $10.1 million, or $0.24 per diluted share, versus $51.3 million, or $1.25 per share, in the same quarter of 2024.
- TCE rate per available day was $39,726, down 20.9% from $50,243; general and administrative expenses rose 62.2% to $16.9 million.
- Irregular dividend of $0.60 per share (about $25.6 million), payable on or about August 27, 2025 to shareholders of record as of August 12, 2025.
The filing
Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 31, 2025.
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