Belships ASA reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was USD 112.9 million compared to USD 229.49 million a year ago. Net income was USD 23.19 million compared to USD 46.74 million a year ago.

Basic earnings per share from continuing operations was USD 0.11 compared to USD 0.24 a year ago. Diluted earnings per share from continuing operations was USD 0.11 compared to USD 0.23 a year ago.