GoodBulk Ltd. reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 31.91 million compared to USD 55.79 million a year ago. Net income was USD 0.745 million compared to USD 3.96 million a year ago.

Basic earnings per share from continuing operations was USD 0.03 compared to USD 0.13 a year ago.