Ardmore (ASC) Q2 2025 Earnings Call Transcript
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Ardmore Shipping Corp. (NYSE:ASC) reported $9 million in adjusted earnings for Q2 2025, supported by rising TCE rates for both MR and chemical tanker segments and the execution of strategic vessel acquisitions. The company consolidated its debt under a €350 million revolving facility with favorable terms to maintain low cash breakeven and improve operational flexibility. Capital allocation included sustained dividend distributions, targeted acquisitions, and continued investment in fleet enhancements. Management indicated that drydocking and related capex will moderate in future periods, creating the potential for increased revenue days and earnings power.
Source Fool.com
