OceanPact Serviços Marítimos S.A. reported earnings results for the second quarter and six months ended June 30, 2024. For the second quarter, the company reported sales was BRL 383.61 million compared to BRL 399.3 million a year ago. Net loss was BRL 4.69 million compared to net income of BRL 72.17 million a year ago. Basic loss per share from continuing operations was BRL 0.0237 compared to basic earnings per share from continuing operations of BRL 0.36 a year ago.
For the six months, sales was BRL 873.64 million compared to BRL 734.1 million a year ago. Net income was BRL 16.44 million compared to BRL 66.62 million a year ago. Basic earnings per share from continuing operations was BRL 0.0827 compared to BRL 0.33 a year ago. Diluted earnings per share from continuing operations was BRL 0.0823 compared to BRL 0.33 a year ago.
Oceanpact Servicos Maritimos SA is a Brazil-based provider of maritime services. The Companyâs activities are divided into three business units: Environment, Subsea and Logistics and Engineering. The Environment division is dedicated to protection services, oceanographic surveys, environmental licensing and studies, operational safety and environmental remediation. The Subsea unit is focused on geophysics, geotechnics, inspection, repair and maintenance services, as well as on support to construction and decommissioning of offshore developments. The Logistics and Engineering division provides services related to maritime logistics, offshore support bases, port and coastal engineering, civil and industrial construction, maritime and ports works, dredging and facilities and industrial cleaning. The Company serves customers mainly in the oil and gas, energy and telecommunications sectors.
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