secwatch.observer — SEC 8-K summary
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Issuer:     DORIAN LPG LTD. (LPG)
CIK:        0001596993
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001596993-22-000065
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dorian LPG Q2 FY23 net income $20.3M, EPS $0.51; declares $1.00/share dividend
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- 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%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596993/000159699322000065/0001596993-22-000065-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596993/000159699322000065/lpg-20221102x8k.htm
  HTML page:      https://secwatch.observer/filing/0001596993-22-000065

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