Tamar Petroleum Ltd reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 63.57 million compared to USD 66.98 million a year ago. Net income was USD 11.93 million compared to USD 2.93 million a year ago. Basic earnings per share from continuing operations was USD 0.13 compared to USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.13 compared to USD 0.03 a year ago.
For the six months, revenue was USD 128.06 million compared to USD 128.45 million a year ago. Net income was USD 22.34 million compared to USD 11.46 million a year ago. Basic earnings per share from continuing operations was USD 0.25 compared to USD 0.13 a year ago. Diluted earnings per share from continuing operations was USD 0.25 compared to USD 0.13 a year ago.