Caverton Offshore Support Group Plc reported earnings results for the fourth quarter and full year ended December 31, 2021. For the fourth quarter, the company reported sales was NGN 7,977.03 million compared to NGN 8,546.19 million a year ago. Net loss was NGN 7,048.37 million compared to net income of NGN 255.45 million a year ago. Basic loss per share from continuing operations was NGN 2.12 compared to basic earnings per share from continuing operations of NGN 0.08 a year ago.
For the full year, sales was NGN 35,058.37 million compared to NGN 32,172.6 million a year ago. Net loss was NGN 5,860.23 million compared to net income of NGN 1,172.79 million a year ago.