Tethys Oil AB (publ) reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 36.4 million compared to USD 43.2 million a year ago. Net loss was USD 38.7 million compared to net income of USD 13 million a year ago.

Basic loss per share from continuing operations was USD 1.2 compared to basic earnings per share from continuing operations of USD 0.4 a year ago. Diluted loss per share from continuing operations was USD 1.2 compared to diluted earnings per share from continuing operations of USD 0.4 a year ago.