Lower LPG rates were reflected in Dorian LPG’s third quarter report, which revealed a smaller net profit.
The John Hadjipateras-led company reported net income of $5m for the three months to the end of December, against $54.7m a year earlier.
Including unrealized gains of $24.4m, Dorian posted an adjusted net loss of $19.3m, against earnings of $47.3m in the corresponding quarter of 2015.
John
