Castor Maritime Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 25.28 million compared to USD 41.72 million a year ago. Net income was USD 8.19 million compared to USD 27.75 million a year ago. Basic earnings per share from continuing operations was USD 0.9 compared to USD 2.3 a year ago. Basic earnings per share was USD 0.9 compared to USD 2.9 a year ago.
For the six months, sales was USD 49.75 million compared to USD 79.53 million a year ago. Net income was USD 19.02 million compared to USD 47.73 million a year ago. Basic earnings per share from continuing operations was USD 0.2 compared to USD 4.3 a year ago. Basic earnings per share was USD 2 compared to USD 5 a year ago.