Aurora LPG has seen its profit for the fourth quarter reduced more than expected as its revenue was halved.

The Oslo-listed company reported net income of $8.2m in the three months to December, compared to $17.1m in the same stretch of 2014.

It was translated into earnings per share of $0.27, which fell short of the market’s forecast by a dime.

Aurora said it secured an average rate of $62,000 per day in the fourth quarter.

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