Mermaid Maritime Public Company Limited reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported revenue was THB 1,502.48 million compared to THB 1,343.73 million a year ago. Net loss was THB 165.02 million compared to THB 260.85 million a year ago.

Basic loss per share from continuing operations was THB 0.1168 compared to THB 0.1846 a year ago.