North European Oil Royalty Trust reported earnings results for the full year ended October 31, 2022. For the full year, the company reported revenue was USD 17.8 million compared to USD 4.6 million a year ago. Net income was USD 17.09 million compared to USD 3.98 million a year ago.

Basic earnings per share from continuing operations was USD 1.86 compared to USD 0.43 a year ago.