Emerald Oil Industries Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was BDT 168.25 million compared to BDT 244.18 million a year ago. Net income was BDT 18.39 million compared to BDT 17.07 million a year ago. Basic earnings per share from continuing operations was BDT 0.2 compared to BDT 0.19 a year ago.
For the six months, sales was BDT 865.73 million compared to BDT 513.37 million a year ago. Net income was BDT 152.38 million compared to BDT 36.56 million a year ago. Basic earnings per share from continuing operations was BDT 1.67 compared to BDT 0.41 a year ago.