EURO Ressources reports earnings for the second quarter and six months ended June 30, 2023
Under French GAAP, EURO reported net earnings of €11.0 million (€0.177 per share) for the six months ended June 30, 2023 (€5.2 million for the second quarter of 2023 (€0.084 per share)) compared to €8.1 million (€0.130 per share) for the six months ended June 30, 2022 (€4.4 million for the second quarter of 2022 (€0.07 per share)).
- Under French GAAP, EURO reported net earnings of €11.0 million (€0.177 per share) for the six months ended June 30, 2023 (€5.2 million for the second quarter of 2023 (€0.084 per share)) compared to €8.1 million (€0.130 per share) for the six months ended June 30, 2022 (€4.4 million for the second quarter of 2022 (€0.07 per share)).
- Under IFRS, EURO reported net earnings of €12.5 million (€0.199 per share) for the six months ended June 30, 2023 (€6.4 million for the second quarter of 2023 (€0.102 per share)) compared to €6.4 million (€0.103 per share) for the six months ended June 30, 2022 (€3.3 million for the second quarter of 2022 (€0.052 per share)).
- Second quarter ended June 30, 2023 compared to the same period in 2022 (IFRS)
Under IFRS, EURO reported net earnings of €6.4 million (€0.102 per share) for the second quarter of 2023 compared to €3.3 million (€0.052 per share) for the second quarter of 2022. - EURO recorded an income tax expense of €1.9 million in the second quarter of 2023 compared to €1.8 million in the second quarter of 2022.