Philly Shipyard ASA reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 119.7 million compared to USD 32.8 million a year ago. Net income was USD 3.1 million compared to net loss of USD 4.3 million a year ago. Basic earnings per share from continuing operations was USD 0.26 compared to basic loss per share from continuing operations of USD 0.36 a year ago.
For the six months, sales was USD 191.5 million compared to USD 53.5 million a year ago. Net income was USD 6.6 million compared to net loss of USD 9.5 million a year ago. Basic earnings per share from continuing operations was USD 0.55 compared to basic loss per share from continuing operations of USD 0.78 a year ago.