HAMILTON, Bermuda (AP) — HAMILTON, Bermuda (AP) — Ardmore Shipping Corp. (ASC) on Thursday reported fourth-quarter earnings of $27 million.

On a per-share basis, the Hamilton, Bermuda-based company said it had profit of 63 cents.

The shipping company posted revenue of $98.9 million in the period. Its adjusted revenue was $65.7 million.

For the year, the company reported profit of $116.8 million, or $2.71 per share. Revenue was reported as $264.1 million.

Ardmore Shipping shares have climbed 15% since the beginning of the year. The stock has decreased 11% 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