---
schema_version: "secwatch.filing_event.v1"
accession: "0001596993-22-000065"
form_type: "8-K"
ticker: "LPG"
cik: "0001596993"
company_name: "DORIAN LPG LTD."
filed_at: "2022-11-02T23:59:59+00:00"
generated_at: "2026-06-22T13:57:58.272269+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dorian LPG Q2 FY23 net income $20.3M, EPS $0.51; declares $1.00/share dividend

## Summary
- Net income $20.3M ($0.51 diluted EPS) vs $14.1M ($0.35) a year ago; adjusted net income $17.2M ($0.43 adjusted EPS).
- Revenue $76.0M, up 20.4% YoY; TCE rate $40,632 per operating day, up 31.1% YoY.
- Declared irregular $1.00/share dividend ($40.4M total) payable Nov 7, 2022; total cash returned ~$500M since IPO.
- Entered $240M debt facility to refinance debt; extended time charters on Future Diamond (thru Q1 2025) and Corsair (thru Q4 2024).
- Adjusted EBITDA $46.2M vs $37.9M prior year (up 22%).

## SEC filing metadata
- accession: 0001596993-22-000065
- form_type: 8-K
- ticker: LPG
- cik: 0001596993
- company_name: DORIAN LPG LTD.
- filed_at: 2022-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1596993/000159699322000065/0001596993-22-000065-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1596993/000159699322000065/lpg-20221102x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001596993-22-000065
- JSON: https://secwatch.observer/filing/0001596993-22-000065.json
- Plain text: https://secwatch.observer/filing/0001596993-22-000065.txt

## Key facts
- Earnings Releases
  DORIAN LPG LTD. reported Second quarter fiscal year 2023 (three months ended September 30, 2022) results: revenue $76.0 million, net income $20.3 million, EPS $0.51 per diluted share.
  - Period: Second quarter fiscal year 2023 (three months ended September 30, 2022)
  - Revenue: $76.0 million
  - Net income: $20.3 million
  - EPS: $0.51 per diluted share
  - Result: reported results
  source text: Highlights for the Second Quarter Fiscal Year 2023 ​ ● Revenues of $76.0 million. ​ ● Time Charter Equivalent (“TCE”) (1) rate per operating day for our fleet of $40,632. ​ ● Net income of $20.3 million, or $0.51 earnings per diluted share (“EPS”), and adjusted net income (1) of $17.2 million, or $0.43 adjusted earnings per diluted share (“adjusted EPS”). (1) ​ ● Adjusted EBITDA (1) of $46.2 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1596993/000159699322000065/0001596993-22-000065-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.