Caverton Offshore Support Group Plc reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was NGN 10,955.21 million compared to NGN 8,081.56 million a year ago. Net loss was NGN 209.91 million compared to net income of NGN 120.7 million a year ago. Basic loss per share from continuing operations was NGN 0.06 compared to basic earnings per share from continuing operations of NGN 0.04 a year ago.
For the nine months, sales was NGN 24,240.25 million compared to NGN 22,041.73 million a year ago. Net income was NGN 46.15 million compared to NGN 299.07 million a year ago. Basic earnings per share from continuing operations was NGN 0.01 compared to NGN 0.09 a year ago.