Dorian LPG posts loss ahead of potential BW LPG takeover

DORIAN LPG posted a net loss of over US$20.6 million in its latest quarterly compared to March this year, ahead of a potential takeover that would see BW LPG acquire the company.

Dorian LPG posts loss ahead of potential BW LPG takeover Dorian LPG posts loss ahead of potential BW LPG takeover Dorian LPG posts loss ahead of potential BW LPG takeover Dorian LPG posts loss ahead of potential BW LPG takeover Dorian LPG posts loss ahead of potential BW LPG takeover

Dorian LPG ship

Net pool revenues were down on last year from $ 41 million last year to $27.6 million. 
 
The company has total cash in the bank of $65.3 million; last quarter it had $135.2.
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