StealthGas Inc. Reports Second Quarter and Six Months 2025 Financial and Operating Results

About this update from Stealthgas, Inc.

[{"type":"image","alt":"STEALTHGAS INC.","displaySize":"","headline":null,"caption":"STEALTHGAS INC.","className":"","disableSlideshowImg":false,"size":{"original":{"width":197,"height":107,"url":"https://media.zenfs.com/en/globenewswire.com/28f34e41c0cc54a5ae72d903c6daef4a"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/1WHgEt9CkkUmh3fJfdjzyQ--/YXBwaWQ9aGlnaGxhbmRlcjt3PTM2MDtoPTE5NjtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/28f34e41c0cc54a5ae72d903c6daef4a","width":197,"height":107}},"lazy":false},{"type":"text","content":"ATHENS, Greece, Aug. 25, 2025 (GLOBE NEWSWIRE) -- STEALTHGAS INC. (NASDAQ: GASS), a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and operating results for the second quarter and six months ended June 30, 2025.","length":313,"tagName":"p"},{"type":"text","content":"OPERATIONAL AND FINANCIAL HIGHLIGHTS","length":36,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Strong profitability continued for the second quarter, with Net income of $20.4 million corresponding to a basic EPS of $0.55, 45% higher than the previous quarter’s $14.1 million but reduced compared to the $25.8 million record achieved in the second quarter of 2024. Earnings in the prior year period were boosted by the sale of one medium gas carrier.","length":354,"tagName":"p"}]},{"val":[{"type":"text","content":"Revenues recorded an all-time high of $47.2 million in the second quarter, increased by 13% compared to the same period of last year. TCE rates improved for the majority of the vessels across all sizes, as the Company took advantage of improving market conditions. Income from operations of $19.7 million was also the highest ever recorded.","length":340,"tagName":"p"}]},{"val":[{"type":"text","content":"Preserved the high period coverage. About 70% of fleet days for 2025 are secured on period charters, with total fleet employment days for all subsequent periods generating about $155 million (excl. JV vessel) in contracted revenues.","length":232,"tagName":"p"}]},{"val":[{"type":"text","content":"Repaid all debt obligations in our fully owned fleet, making $53.6 million in debt repayments during the first six months of 2025 and a further $32.2 million in the current third quarter of 2025. Currently, all the vessels in the fu...

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