Brief: BW LPG Reports Q4 Net Profit After Tax Of USD 95 Million
28/02/2023 05:12
Feb 28 (Reuters) - BW LPG Ltd BWLPG.OL :
* ACHIEVED Q4 VLGC FREIGHT RATES OF USD 53,300 PER CALENDAR
DAY
* BW LPG - Q4 NET PROFIT AFTER TAX (NPAT) OF USD 95 MILLION
OR AN
EARNINGS PER SHARE OF USD 0.69, AFTER INCLUDING A DOWNWARD IFRS
ADJUSTMENT OF USD 17 MILLION
* DECLARED Q4 CASH DIVIDEND OF USD 0.52 PER SHARE AMOUNTING
TO USD
69 MILLION
* ENHANCED DIVIDEND POLICY FROM THE QUARTER TO A PAY-OUT OF
100%
OF NPAT WHEN NET LEVERAGE IS BELOW 20%
Source text for Eikon: ID:nObiLvZmXa
Further company coverage: BWLPG.OL
((Reuters.Briefs@thomsonreuters.com;))
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