Australis Oil & Gas Limited reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was USD 10.75 million compared to USD 14.36 million a year ago. Net loss was USD 13.76 million compared to net income of USD 1.12 million a year ago.

Basic loss per share from continuing operations was USD 0.0109 compared to basic earnings per share from continuing operations of USD 0.0009 a year ago. Diluted loss per share from continuing operations was USD 0.0109 compared to diluted earnings per share from continuing operations of USD 0.0008 a year ago.