secwatch.observer — SEC 8-K summary
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Issuer:     DORIAN LPG LTD. (LPG)
CIK:        0001596993
Form:       8-K
Filed at:   2023-05-24T23:59:59+00:00
Accession:  0001596993-23-000030
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dorian LPG reports record FY2023 net income $172.4M; Q4 EPS $1.89
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- Q4 revenue $133.6M, net income $76.0M ($1.89 diluted EPS); adjusted net income $78.1M ($1.94 adjusted EPS).
- FY2023 revenue $389.7M, net income $172.4M ($4.29 EPS); adjusted EPS $4.22.
- TCE rate Q4 $68,135 per day (+57.1% YoY); FY $50,462 (+45.6% YoY); fleet utilization 95.7% in Q4.
- Returned ~$225M to shareholders via irregular dividends in FY2023; $40.4M paid in May 2023.
- Took delivery of dual-fuel VLGC Captain Markos; time chartered-in two dual-fuel Panamax VLGCs for seven years.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1596993/000159699323000030/0001596993-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1596993/000159699323000030/lpg-20230524x8k.htm
  HTML page:      https://secwatch.observer/filing/0001596993-23-000030

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer