BW LPG Reports $35 Million Q2 Profit
BW LPG(NYSE:BWLP) reported second quarter 2025 earnings on August 26, 2025, posting time-charter equivalent (TCE) income of $38,800 per available day and net profit attributable to equity holders of $35 million, or $0.23 per share. Management guided that 90% of available days in the third quarter of 2025 are fixed at $53,000 per day and declared a $0.22 per share dividend, driven by robust shipping market conditions and firm liquidity.
Spot rates ranged dramatically between $10,000 and $70,000 per day, underlining market volatility, while the company’s time charter coverage mitigated downside risk. The board declared a dividend equal to 110% of shipping segment profit for the quarter, supported by retained Product Services results from 2024.
Prudent contract structuring gave BW LPG cash flow defensiveness and dividend reliability during unpredictable market swings and freight rate surges.
Source Fool.com
