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Stock impact report

BW LPG Limited - Update on BW LPG's Product Services Q1 2025 Segment Performance [Yahoo! Finance]

BW LPG Limited Common Shares (BWLP) 
Company Research Source: Yahoo! Finance
provides an update on its Product Services' ("BW Product Services") Q1 2025 segment performance. For the quarter ended 31 March 2025, BW Product Services achieved a realised gain of USD 33 million from our cargo and freight operations. After accounting for the unrealised mark-to-market change of negative USD 36 million from our open cargo contracts and hedging transactions, we ended the quarter with a gross trading result of approximately minus USD 3 million. After general and administrative expenses and income taxes, BW Product Services reported an estimated result of approximately minus USD 12 million for the quarter. The average Value-At-Risk (VAR) for the quarter was approximately USD 5 million. BW LPG will release its Q1 2025 financial report on 20 May 2025. Says Kristian Sørensen, Chief Executive Officer, "We are pleased to report a continued strong realisation of USD 33 million from our cargo deliveries and trades in the first quarter of 2025. We focus on delivering a Show less Read more
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