North European Oil Royalty Trust Reports Earnings Results for the Second Quarter and Six Months Ended April 30, 2022
May 27, 2022 at 10:03 am EDT
North European Oil Royalty Trust reported earnings results for the second quarter and six months ended April 30, 2022. For the second quarter, the company reported revenue was USD 3.77 million compared to USD 1.4 million a year ago. Net income was USD 3.56 million compared to USD 1.2 million a year ago. Basic earnings per share from continuing operations was USD 0.39 compared to USD 0.13 a year ago.
For the six months, revenue was USD 6.32 million compared to USD 1.68 million a year ago. Net income was USD 5.91 million compared to USD 1.31 million a year ago. Basic earnings per share from continuing operations was USD 0.64 compared to USD 0.14 a year ago.