Ardmore Shipping Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 91.93 million compared to USD 107.13 million a year ago. Net income was USD 24.51 million compared to USD 29.69 million a year ago. Basic earnings per share from continuing operations was USD 0.57 compared to USD 0.82 a year ago. Diluted earnings per share from continuing operations was USD 0.57 compared to USD 0.81 a year ago.
For the six months, sales was USD 210.16 million compared to USD 170.49 million a year ago. Net income was USD 68.6 million compared to USD 22.69 million a year ago. Basic earnings per share from continuing operations was USD 1.63 compared to USD 0.6 a year ago. Diluted earnings per share from continuing operations was USD 1.6 compared to USD 0.6 a year ago.