Faisal Ibrahim
๐Ÿš€ $BWLPG.OL (BW LPG) ๐™˜๐™ง๐™ช๐™จ๐™๐™š๐™จ ๐™Œ๐Ÿฐ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฑ! $๐Ÿญ๐Ÿฌ๐Ÿฐ๐™ˆ ๐™ฅ๐™ง๐™ค๐™›๐™ž๐™ฉ, $๐Ÿฌ.๐Ÿฑ๐Ÿณ ๐™™๐™ž๐™ซ๐™ž๐™™๐™š๐™ฃ๐™™, ๐™จ๐™ฉ๐™ง๐™ค๐™ฃ๐™œ ๐™จ๐™๐™ž๐™ฅ๐™ฅ๐™ž๐™ฃ๐™œ ๐™ง๐™–๐™ฉ๐™š๐™จ. ๐™๐™” ๐™˜๐™–๐™จ๐™ ๐™›๐™ก๐™ค๐™ฌ ๐™ช๐™ฅ ๐Ÿญ๐Ÿฐ๐Ÿฎ%! BW LPG released its unaudited Q4 and FY 2025 interim financial report, showing strong Q4 performance amid a larger fleet post-Avance Gas acquisition. Key highlights include robust shipping income growth and a solid dividend payout. ๐™Œ๐Ÿฐ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฑ ๐™ƒ๐™ž๐™œ๐™๐™ก๐™ž๐™œ๐™๐™ฉ๐™จ ๐Ÿ”น Profit attributable to equity holders hit US$104.2 million (EPS US$0.69), up significantly from US$30.9 million in Q4 2024. ๐Ÿ”น TCE income - Shipping reached US$195.9 million, a 54% increase, driven by higher spot rates (US$52,000/day) and more fleet days. ๐Ÿ”น Product Services gross profit rose 75% to US$26.9 million, boosted by mark-to-market gains. ๐Ÿ”น Declared Q4 dividend of US$0.57 per share (100% of Shipping NPAT). ๐™๐™” ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฑ ๐™Š๐™ซ๐™š๐™ง๐™ซ๐™ž๐™š๐™ฌ ๐Ÿ”น Full-year profit after tax was US$289.7 million, down 27% from 2024 due to lower Product Services results and higher expenses from fleet expansion. โ€‹๐Ÿ”น TCE income - Shipping grew 17% to US$709.0 million, supported by 44% time charter coverage. โ€‹๐Ÿ”น Adjusted free cash flow surged 142% to US$513.0 million. โ€‹๐Ÿ”น Fleet: 50 VLGCs controlled as of Dec 31, 2025. ๐˜ฝ๐™–๐™ก๐™–๐™ฃ๐™˜๐™š ๐™Ž๐™๐™š๐™š๐™ฉ & ๐˜พ๐™–๐™จ๐™ Cash stood at US$242.0 million (down 13%), with total assets at US$3.15 billion and net leverage at 28.4%. โ€‹ Net cash from operations: US$570.1 million for the year. โš ๏ธ ๐˜ฟ๐™ž๐™จ๐™˜๐™ก๐™–๐™ž๐™ข๐™š๐™ง: This content reflects my personal investment strategy, risk tolerance, and time horizon and is provided for informational purposes only. It does not constitute financial or investment advice. Any decisions you make are solely at your own risk. Please conduct your own research before investing. Past performance is not a guarantee of future results, and all investments โ€” including copying trading strategies โ€” carry the risk of capital loss.
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