Caspian Sunrise (GB:CASP) has released an update.
Caspian Sunrise PLC reports a decrease in total revenues to $36.7 million for 2023, down from $40.9 million in 2022, with oil sales as the major contributor at $21.6 million. The company introduced oil trading, bringing in $10.3 million, and increased oil services revenues to $4.1 million. Despite operational challenges and market volatility, the company has diversified assets and expects increased financial performance in the second half of the current financial year.
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