How did Dorian LPG's revenue surge in Q3 2024 despite rising expenses?

Dorian LPG's revenue surged in Q3 2024 despite rising expenses due to a significant increase in its net pool-related party revenue.

The company's net pool-related party revenue reached $532.94 million, accounting for the majority of its total revenue for the quarter. This segment's revenue increased significantly, contributing to the overall revenue growth despite other expenses rising. The rise in net pool-related party revenue can be attributed to strategic business decisions or market conditions favorable to this segment.

|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|LPG|LPG.N|Dorian LPG|20240101-2024|Net Pool-related party|3.98160923E8|169|
|LPG|LPG.N|Dorian LPG|20240101-2024|Time charter|1.9310237E7|169|
|LPG|LPG.N|Dorian LPG|20240101-2024|Other|1854712|169|
|LPG|LPG.N|Dorian LPG|20240101-2024|Net Pool-related party|3.98160923E8|169|
|LPG|LPG.N|Dorian LPG|20240101-2024|Time charter|1.289924E7|169|
|LPG|LPG.N|Dorian LPG|20240101-2024|Net Pool-related party|2.42237953E8|169|
|LPG|LPG.N|Dorian LPG|20240101-2024|Time charter|1.289924E7|169|
|LPG|LPG.N|Dorian LPG|20240101-2024|Other|1124176|169|
|LPG|LPG.N|Dorian LPG|20240101-2024|Other|752884|169|
|LPG|LPG.N|Dorian LPG|20240101-2024|Net Pool-related party|1.04386551E8|169|