HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Ardmore Shipping Corp. (ASC) on Thursday reported first-quarter earnings of $23.6 million.
The Hamilton, Bermuda-based company said it had profit of 58 cents per share.
The shipping company posted revenue of $87.9 million in the period. Its adjusted revenue was $62 million.
Ardmore Shipping shares have climbed 77% since the beginning of the year. The stock has increased 90% in the last 12 months.
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