Brief: BW LPG Q1 EBITDA At USD 113 Mln

BW LPG

18/05/2021 06:15

May 18 (Reuters) - BW LPG Ltd  BWLPG.OL :
    * Q1 EARNINGS PER SHARE 0.51 USD
    * BW LPG'S FINANCIAL RESULTS FOR Q1 2021
    * ACHIEVED Q1 2021 VLGC FREIGHT RATES OF USD 43,300 PER
CALENDAR
DAY, OR USD 44,400 PER AVAILABLE DAY WITH 97% COMMERCIAL
UTILIZATION
    * GENERATED Q1 2021 NET PROFIT AFTER TAX OF USD 71 MILLION
OR AN
EARNINGS PER SHARE OF USD 0.51
    * DECLARED Q1 2021 CASH DIVIDEND OF USD 0.18 PER SHARE
AMOUNTING
TO USD 25 MILLION
    * Q1 EBITDA WAS USD 113 MILLION FOR QUARTER, REPRESENTING AN
EBITDA MARGIN OF 75%
    * REITERATES A POSITIVE MARKET OUTLOOK FOR SECOND HALF OF
2021

Source text for Eikon:  ID:nObiSc9GBa 
Further company coverage:  BWLPG.OL 

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