BW LPG Limited (BWLP) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	3.5B	3.7B	3.4B	3.1B	1.5B
Cost of Revenue	2.7B	3.2B	2.8B	2.4B	1.1B
Gross Profit	780.6M	532.2M	554.3M	698.5M	400.3M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	239.4M	225.1M	167.0M	197.2M	158.2M
General & Admin Expense	—	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	—	—	—	—	—
Total Operating Expenses	239.4M	225.1M	167.0M	197.2M	158.2M
Cost and Expenses	3.0B	3.4B	3.0B	2.6B	1.3B
Operating Income (EBIT)	541.2M	307.1M	387.2M	501.3M	242.1M
Non-Operating
Interest Income	7.2M	9.6M	14.7M	10.5M	1.9M
Interest Expense	44.8M	56.6M	21.4M	30.7M	31.7M
Net Interest Income	(37.6M)	(47.1M)	(6.7M)	(20.2M)	(29.8M)
Other Non-Op Income/Expense	(12.9M)	5.7M	14.1M	21.7M	(7.1M)
Non-Operating Income (excl Interest)	(28.9M)	(62.3M)	(35.6M)	(52.4M)	(24.6M)
EBT (Pre-Tax Income)	528.3M	312.8M	401.4M	523.0M	235.1M
Income Tax Expense	28.5M	14.6M	28.4M	11.4M	1.1M
Bottom Line
Net Income	441.3M	249.4M	334.6M	487.7M	223.0M
Earnings from Cont. Ops	499.8M	298.2M	372.9M	511.6M	234.0M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	441.3M	249.4M	334.6M	487.7M	223.0M
Per Share
Basic EPS	$2.91	$1.65	$2.49	$3.53	$1.65
Diluted EPS	$2.91	$1.64	$2.49	$3.53	$1.65
Revenue Per Share	$23.01	$24.36	$25.08	$22.99	$11.29
Shares
Basic Shares Outstanding	151.8M	151.4M	134.2M	133.0M	135.4M
Diluted Shares Outstanding	152.3M	151.9M	134.2M	133.0M	135.4M
Profitability Metrics
EBITDA	819.5M	632.9M	613.7M	779.8M	423.1M
D&A	249.5M	263.4M	191.0M	226.1M	156.4M
EBIT	570.1M	369.5M	422.8M	553.6M	266.7M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026