Karoon Energy Ltd reported earnings results for the full year ended June 30, 2023. For the full year, the company reported sales was USD 566.5 million compared to USD 385.1 million a year ago. Net income was USD 163 million compared to net loss of USD 64.4 million a year ago.

Basic earnings per share from continuing operations was USD 0.2899 compared to basic loss per share from continuing operations of USD 0.1159 a year ago. Diluted earnings per share from continuing operations was USD 0.2859 compared to diluted loss per share from continuing operations of USD 0.1159 a year ago.