Three months ended

Six months ended

June 30,

2023

2022

2023

2022

Numerator for basic and diluted earnings per share

Net Income

$

52,565

$

33,413

$

100,937

$

54,366

Denominator

Denominator for basic earnings per ordinary share - weighted average shares outstanding

47,674,041

47,674,773

47,674,403

47,674,773

Effect of dilutive securities and stock dividend

-

Denominator for diluted earnings per ordinary share - weighted average shares outstanding

47,674,041

47,674,773

47,674,403

47,674,773

Basic earnings per ordinary share

$

1.10

$

0.70

$

2.12

$

1.14

Diluted earnings per ordinary share

$

1.10

$

0.70

$

2.12

$

1.14