RH PetroGas Limited reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was USD 24.35 million compared to USD 20.38 million a year ago. Net income was USD 3.82 million compared to net loss of USD 0.641 million a year ago. Basic earnings per share from continuing operations was USD 0.0046 compared to basic loss per share from continuing operations of USD 0.0008 a year ago. Diluted earnings per share from continuing operations was USD 0.0046 compared to diluted loss per share from continuing operations of USD 0.0008 a year ago.
For the six months, sales was USD 48.19 million compared to USD 43 million a year ago. Net income was USD 7.34 million compared to USD 2.34 million a year ago. Basic earnings per share from continuing operations was USD 0.0088 compared to USD 0.0028 a year ago. Diluted earnings per share from continuing operations was USD 0.0088 compared to USD 0.0028 a year ago.