Dorian LPG has reported a higher fourth quarter profit that came in largely in line with Wall Street forecasts.
New York-listed Dorian booked a profit of $20.2m in the three months to the end of March to finish its financial year with a bottom line of $129.7m. This is up from $8.8m and $25.2m respectively in the previous 12 months.
Fleet growth aided the company with the final ship in what was a 19 strong newbuilding programme now on the water.
Dorian
