3 Reasons, why I currently consider Dorian LPG a buy!
The company impresses in Q3 with robust revenue growth of 48.7% year-on-year and a doubling of profits compared to the previous year with an EPS of 1.11 USD.
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Dorian LPG is a liquefied gas shipping company and a leading owner of modern gas carriers ("VLGCs"). The founding managers have been managing ships in the LPG shipping market since 2002. The fleet currently consists of 25 modern VLGCs. On February 25, the company released its figures for the third quarter. Although it fell short of analysts' expectations, the numbers are, in my opinion, still strong, showing a year-on-year revenue growth of 48.7% to 120 million USD and a doubling of profits compared to the previous year with earnings of 1.11 USD...
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