Tethys Petroleum Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 17, 2023 at 05:05 pm EDT
Tethys Petroleum Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 9.08 million compared to USD 16.58 million a year ago. Net income was USD 4.13 million compared to USD 6.53 million a year ago. Basic earnings per share from continuing operations was USD 0.04 compared to USD 0.06 a year ago. Diluted earnings per share from continuing operations was USD 0.04 compared to USD 0.05 a year ago.
For the six months, sales was USD 18.98 million compared to USD 30.48 million a year ago. Net income was USD 6.64 million compared to USD 13.92 million a year ago. Basic earnings per share from continuing operations was USD 0.06 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.06 compared to USD 0.11 a year ago.