Caverton Offshore Support Group Plc reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was NGN 7,603 million compared to NGN 5,981.38 million a year ago. Net income was NGN 182.95 million compared to net loss of NGN 451.01 million a year ago. Basic earnings per share from continuing operations was NGN 0.06 compared to basic loss per share from continuing operations of NGN 0.14 a year ago.
For the six months, sales was NGN 13,285.05 million compared to NGN 13,960.17 million a year ago. Net income was NGN 256.25 million compared to NGN 201.25 million a year ago. Basic earnings per share from continuing operations was NGN 0.08 compared to NGN 0.06 a year ago.