Avance Gas Holding Ltd reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 111.22 million compared to USD 67.41 million a year ago. Net income was USD 61.47 million compared to USD 34.71 million a year ago. Basic earnings per share from continuing operations was USD 0.8 compared to USD 0.39 a year ago. Diluted earnings per share from continuing operations was USD 0.8 compared to USD 0.39 a year ago.
For the full year, sales was USD 352.31 million compared to USD 254.54 million a year ago. Net income was USD 163.58 million compared to USD 88.99 million a year ago. Basic earnings per share from continuing operations was USD 2.14 compared to USD 1.16 a year ago. Diluted earnings per share from continuing operations was USD 2.12 compared to USD 1.16 a year ago.