BW LPG Q1 TCE Income Down At $186.5 Mln
May 30 (Reuters) -BW LPG Ltd BWLPG.OL:
Q1 VLGC FREIGHT RATES $ 61,500 PER CALENDAR DAY VERSUS $58,700 PER CALENDAR DAY YEAR AGO
Q1 TCE INCOME $186.5 MILLION VERSUS $200.3 MILLION YEAR AGO
MARKET OUTLOOK: FUTURES MARKET REFLECTS CONTINUED STRENGTH IN SPOT EARNINGS, TRADING IN LOW TO MID $60,000S/DAY FOR REMAINDER OF 2024
NET LEVERAGE RATIO WAS AT AN ALL-TIME LOW AT 7% IN Q1 WITH AVAILABLE LIQUIDITY AT USD 661 MILLION AT END OF QUARTER
DECLARED CASH DIVIDEND OF USD 1.00 PER SHARE, TOTAL DIVIDEND OF USD 132 MILLION
Source text for Eikon: ID:nObiKFSx0a
Further company coverage: BWLPG.OL
(Gdansk Newsroom)
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