HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Ardmore Shipping Corp. (ASC) on Tuesday reported second-quarter profit of $24.5 million.

On a per-share basis, the Hamilton, Bermuda-based company said it had net income of 57 cents.

The shipping company posted revenue of $91.9 million in the period. Its adjusted revenue was $60.4 million.

Ardmore Shipping shares have decreased slightly more than 2% since the beginning of the year. The stock has climbed 73% in the last 12 months.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASC at https://www.zacks.com/ap/ASC

For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News