BW LPG Restricted (NYSE:BWLP) Q2 2025 Earnings Convention Name August 26, 2025 8:00 AM ET
Firm Individuals
Aline Anliker – Company Participant
Kristian Sorensen – CEO & Interim Head of Industrial
Samantha Xu – Chief Monetary Officer
Convention Name Individuals
Aline Anliker
Howdy, everybody. A heat welcome to BW LPG’s Q2 2025 Earnings Presentation. My identify is Aline Anliker, and I am the Head of Company Communications at BW LPG.
Right now’s presentation might be given by our CEO, Kristian Sorensen; and our CFO, Samantha Xu. After the presentation, we could have a Q&A session. [Operator Instructions] Earlier than we start, I want to spotlight the authorized disclaimers displayed on the present slide. Please additionally notice that immediately’s name is being recorded. And with out additional ado, I’d now like at hand over to our CEO, Kristian.
Kristian Sorensen
Thanks, Aline, and howdy, everybody, and thanks for taking the time to be with us immediately as we overview our second quarter monetary outcomes and up to date developments. So let’s flip to Slide 4, please. The second quarter was marked by extraordinary geopolitical and market occasions, which considerably elevated the market volatility, each for transport and buying and selling. For the quarter, we reported a TCE revenue of $38,800 per out there day and $37,300 per calendar day, above our steering of $35,000 per day. In 1 / 4 with spot charges fluctuating between $10,000 and $70,000 per day, the time constitution portfolio performed an important function in defending our draw back.
After minority pursuits, the Q2 revenue was $35 million, equal to an EPS of $0.23. And the Board of Administrators has declared dividends of $0.22 per share, consisting of 75% of our transport NPAT, topped up with retained dividends from Product Companies 2024 outcomes. Shifting on to our buying and selling operations. Product Companies achieved a gross revenue of $15 million and a revenue after tax of $6 million. Samantha will
