Navigator Holdings Ltd. has released its unaudited condensed consolidated financial results, reporting a net income attributable to stockholders of $22.573 million, down from $27.036 million in the previous period. The company's basic earnings per share declined to $0.31 from $0.39, and the diluted earnings per share also decreased to $0.31 compared to $0.39 previously. Additionally, Navigator Holdings Ltd. reported an adjusted basic earnings per share of $0.33, slightly down from $0.37, and an adjusted diluted earnings per share of $0.32, compared to $0.36 in the prior period. The adjustments exclude unrealized gains or losses on non-designated derivative instruments and unrealized foreign currency exchange gains/losses and other income. The company highlighted the disaggregation of certain income statement line items to enhance clarity and provide greater insight into its financial position. This included the separate disclosure of unrealized foreign exchange losses from interest expenses. No significant updates about business operations were mentioned in the release.
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