BW LPG Ltd (GB:0QIX) has released an update.
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BW LPG Ltd reported a strong Q3 2024 with an estimated gross profit of USD 71 million, primarily driven by marked to market gains and trading profits, despite hedging losses. The net profit for the product services segment stood at USD 60 million. The company highlighted how its business model capitalizes on the LPG value chain during periods of softer freight rates, with full financial results to be disclosed on December 2, 2024.
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