Tufton Oceanic Assets Limited reported earnings results for the half year ended December 31, 2022. For the half year, the company reported negative revenue was USD 4.31 million compared to revenue of USD 76.73 million a year ago. Net loss was USD 2.61 million compared to net income of USD 72.18 million a year ago.

Basic loss per share from continuing operations was USD 0.0085 compared to basic earnings per share from continuing operations of USD 0.2534 a year ago.