TGS ASA reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 189.37 million compared to USD 219.01 million a year ago. Net loss was USD 9.07 million compared to net income of USD 43.36 million a year ago.

Basic loss per share from continuing operations was USD 0.07 compared to basic earnings per share from continuing operations of USD 0.34 a year ago. Diluted loss per share from continuing operations was USD 0.07 compared to diluted earnings per share from continuing operations of USD 0.34 a year ago.