BW Offshore Limited reported earnings results for the first quarter ended March 31, 2022. For the first quarter, the company reported sales was USD 193.6 million compared to USD 218.9 million a year ago. Net income was USD 47 million compared to USD 96.4 million a year ago.

Basic earnings per share from continuing operations was USD 0.26 compared to USD 0.53 a year ago. Diluted earnings per share from continuing operations was USD 0.23 compared to USD 0.46 a year ago.