Dorian LPG Ltd. Reports Q1 Fiscal 2026 Net Income Drop to $10.1M, EPS Down to $0.24 from $1.25 Year-Over-Year
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Dorian LPG Ltd. reported a Q1 fiscal 2026 net income of $10.1 million, down from $51.3 million year-over-year, with EPS dropping to $0.24 from $1.25. The adjusted net income was $11.3 million, and adjusted EPS was $0.27, both significantly lower than the previous year. The decline is attributed to a heavy drydocking schedule and market volatility. Despite these challenges, the company remains optimistic due to strong booking rates and the resilience of the LPG trade.
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