Orian Sh.M. Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 62.5 million compared to USD 92.42 million a year ago. Net income was USD 2.42 million compared to USD 14.21 million a year ago. Basic earnings per share from continuing operations was USD 0.14 compared to USD 0.84 a year ago. Diluted earnings per share from continuing operations was USD 0.14 compared to USD 0.84 a year ago.
For the six months, revenue was USD 132.97 million compared to USD 192.42 million a year ago. Net income was USD 4.72 million compared to USD 17.78 million a year ago. Basic earnings per share from continuing operations was USD 0.28 compared to USD 1.06 a year ago. Diluted earnings per share from continuing operations was USD 0.28 compared to USD 1.05 a year ago.