/KASE, December 23, 2024/ – Consolidated financial statements of Tethys Petroleum Limited (KASE ticker – KY_TPL_) for 2023 and the auditor's report have been released.

According to the report of Grant Thornton LLP, the consolidated financial statements present fairly, in all material respects, the consolidated financial position of Tethys Petroleum Limited and its subsidiaries as of December 31, 2023, and their consolidated financial performance and consolidated cash flows for the year then ended in accordance with International Financial Reporting Standards (IFRS).

According to the audited data as of December 31, 2023 (in thous. US dollars, unless otherwise stated):

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                            as of     as of 
Indicator                31.12.23​ 31.12.22​
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Authorized capital          11,507    11,611
Equity (capital deficit)    42,192    35,116
Total assets                85,331    87,266
Total liabilities           43,139    52,150
Net profit (net loss)        9,736    12,300
ROA , %                      11.41     14.09
ROE, %                       23.08     35.03
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Financial statements and report are published at – see more

[2024-12-23]