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StealthGas Inc. reported record 2024 earnings, with net income up 34.7% to $69.9 million.
StealthGas Inc., a company specializing in liquefied petroleum gas shipping, reported record earnings for 2024, with a net income of $69.9 million, up 34.7% from the previous year.
The fourth quarter saw a 27.3% increase in revenue to $43.5 million.
The company secured 70% of fleet days for 2025 under period charters and reduced debt by $108.2 million last year.
CEO Harry Vafias expressed cautious optimism about the future, noting the industry's volatility.
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StealthGas Inc. reportó récord de ganancias en 2024, con un ingreso neto de 34,7% a 69,9 millones de dólares.