Non-cash impairment charges on the sale of vessels masked what would otherwise have been a very good year for LPG carrier operator BW Epic Kosan.
The Singapore and London-based company announced on Tuesday that its net profit for its 2021 financial year came in at $19.2m, a 76% increase from the $10.9m it earned in 2020.
However, non-cash impairment losses of $18.7m
