BWLLF - BW LPG GAAP EPS of $0.69 revenue of $186M misses by $10.5M
- BW LPG press release ( OTCPK:BWLLF ): Q4 GAAP EPS of $0.69.
- Revenue of $186M (+61.2% Y/Y) misses by $10.5M .
- Achieved Q4 2022 VLGC freight rates of US$53,300 per calendar day (FY 2022: US$40,400 per calendar day).
- Concluded the sale and delivery of BW Prince in October 2022, generating US$44.3 million in liquidity and a net book gain of US$2.5 million.
- The Board has further enhanced our dividend policy to target a quarterly payout ratio of 100% NPAT when the net leverage ratio is below 20%.
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BW LPG GAAP EPS of $0.69, revenue of $186M misses by $10.5M