/KASE, May 21, 2025/ – Consolidated financial statements of Tethys Petroleum Limited (KASE ticker – KY_TPL_) for 2024 and the auditor's report have been published.

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, 2024, 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, 2024 (in thous. US dollars, unless otherwise stated):

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                            as of    as of
Indicator                31.12.24 31.12.23
------------------------ -------- --------
Authorized capital         11,486   11,507
Equity (capital deficit)   23,147   42,192
Total assets               56,231   85,331
Total liabilities          33,084   43,139
Revenue                    15,201   36,479
Net profit (net loss)     -12,386    9,736
ROA, %                     -22.03    11.41
ROE, %                     -53.51    23.08
ROS, %                     -81.48    26.69
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The financial statements and report are published – see more

[2025-05-21]