Tufton Oceanic Assets Limited reported earnings results for the half year ended December 31, 2023. For the half year, the company reported revenue was USD 37.4 million compared to negative revenue of USD 4.31 million a year ago. Net income was USD 35.17 million compared to net loss of USD 2.61 million a year ago.

Basic earnings per share from continuing operations was USD 0.119 compared to basic loss per share from continuing operations of USD 0.0085 a year ago. Diluted earnings per share from continuing operations was USD 0.119 compared to diluted loss per share from continuing operations of USD 0.0085 a year ago.