Paratus Energy Services provides a trading update for Q1 2023
Hamilton, Bermuda, June 19, 2023 - Paratus Energy Services Ltd. (“Paratus” or the “Company”) today announced a trading update for the first quarter 2023 and updates on Paratus, its subsidiaries and associated companies (“Paratus Group”). 1. Key Financial Highlights 1.1 Paratus In the first quarter ending March 31, 2023, Paratus generated $43 million in revenue and $12 million in EBITDA[1]. In the fourth quarter ending December 31, 2022, Paratus generated $52 million in revenue and $24 million in EBITDA1. 1.2 SeaMex Group During the first quarter period ending March 31,