Odfjell Drilling Ltd. reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 191.8 million compared to USD 166.8 million a year ago. Net income was USD 24.2 million compared to USD 28.8 million a year ago. Basic earnings per share from continuing operations was USD 0.1 compared to USD 0.12 a year ago. Diluted earnings per share from continuing operations was USD 0.1 compared to USD 0.12 a year ago.
For the full year, sales was USD 732.5 million compared to USD 649.5 million a year ago. Net income was USD 222.1 million compared to USD 129.6 million a year ago. Basic earnings per share from continuing operations was USD 0.94 compared to USD 0.32 a year ago. Diluted earnings per share from continuing operations was USD 0.94 compared to USD 0.32 a year ago. Basic earnings per share was USD 0.94 compared to USD 0.51 a year ago. Diluted earnings per share was USD 0.94 compared to USD 0.51 a year ago.