Forza Petroleum Limited reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 1.33 million compared to USD 98.77 million a year ago. Revenue was USD 0.784 million compared to USD 58.33 million a year ago. Net loss was USD 131.28 million compared to net income of USD 31.54 million a year ago. Basic loss per share from continuing operations was USD 0.22 compared to basic earnings per share from continuing operations of USD 0.05 a year ago. Diluted loss per share from continuing operations was USD 0.22 compared to diluted earnings per share from continuing operations of USD 0.05 a year ago.
For the six months, sales was USD 49.08 million compared to USD 181.13 million a year ago. Revenue was USD 29.04 million compared to USD 106.99 million a year ago. Net loss was USD 133.1 million compared to net income of USD 53.77 million a year ago. Basic loss per share from continuing operations was USD 0.22 compared to basic earnings per share from continuing operations of USD 0.09 a year ago. Diluted loss per share from continuing operations was USD 0.22 compared to diluted earnings per share from continuing operations of USD 0.09 a year ago.