Dynagas reports higher income

Wednesday, 18 March 2020

Dynagas LNG Partners has reported fourth quarter 2019 net income of $5.5 mill, compared to a net loss of $0.9 mill in the corresponding period of 2018.

This represents an increase of $6.4 mill, or 711.1%, which was mainly attributable to the rise in voyage revenues, as well as the decrease in drydocking and special survey costs and finance costs for the quarter.

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